Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Industrials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.21%.
The best performers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 2.49% or 1.050 points to trade at 43.300 at the close. Meanwhile, BDO Unibank Inc (PS:BDO) added 2.24% or 3.00 points to end at 136.90 and Megaworld Corp (PS:MEG) was up 2.15% or 0.100 points to 4.750 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 3.20% or 2.75 points to trade at 83.15 at the close. First Gen Corp (PS:FGEN) declined 2.85% or 0.44 points to end at 15.00 and LT Group Inc (PS:LTG) was down 2.50% or 0.550 points to 21.450.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 106 to 84 and 52 ended unchanged.
Gold Futures for June delivery was up 0.28% or 3.60 to $1293.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.39% or 0.28 to hit $71.03 a barrel, while the July Brent oil contract fell 0.62% or 0.49 to trade at $77.94 a barrel.
CNY/PHP was down 0.64% to 8.2270, while USD/PHP fell 0.45% to 52.285.
The US Dollar Index Futures was up 0.01% at 93.15.