Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.04%.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 2.64% or 0.95 points to trade at 37.00 at the close. Meanwhile, PLDT Inc (PS:TEL) added 2.07% or 30.00 points to end at 1480.00 and San Miguel Corp (PS:SMC) was up 1.84% or 2.00 points to 110.80 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 3.61% or 0.700 points to trade at 18.700 at the close. Robinsons Land Corp (PS:RLC) declined 1.40% or 0.300 points to end at 21.200 and Metropolitan Bank and Trust Co (PS:MBT) was down 1.21% or 1.20 points to 97.80.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 87 and 48 ended unchanged.
Gold Futures for February delivery was up 0.23% or 2.90 to $1267.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.31% or 0.18 to hit $57.74 a barrel, while the February Brent oil contract rose 0.14% or 0.09 to trade at $63.89 a barrel.
CNY/PHP was up 0.32% to 7.6330, while USD/PHP fell 0.34% to 50.228.
The US Dollar Index Futures was down 0.02% at 93.03.