Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Banking & Financials, Property and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.18%.
The best performers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 4.20% or 3.150 points to trade at 78.150 at the close. Meanwhile, LT Group Inc (PS:LTG) added 2.97% or 0.650 points to end at 22.500 and Universal Robina Corp (PS:URC) was up 2.05% or 3.40 points to 169.40 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 7.76% or 8.30 points to trade at 98.70 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 5.92% or 85.00 points to end at 1350.00 and Megaworld Corp (PS:MEG) was down 4.00% or 0.200 points to 4.800.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 93 and 48 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to 52-week highs; gaining 4.20% or 3.150 to 78.150. Shares in LT Group Inc (PS:LTG) rose to 3-years highs; gaining 2.97% or 0.650 to 22.500.
Gold Futures for February delivery was down 0.13% or 1.70 to $1335.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.17% or 0.11 to hit $63.84 a barrel, while the March Brent oil contract rose 0.14% or 0.10 to trade at $69.25 a barrel.
CNY/PHP was up 0.69% to 7.8873, while USD/PHP rose 0.51% to 50.769.
The US Dollar Index Futures was up 0.27% at 90.47.