Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Mining & Oil and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.28%.
The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 2.75% or 0.500 points to trade at 18.700 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 2.50% or 6.20 points to end at 254.00 and Robinsons Land Corp (PS:RLC) was up 2.10% or 0.500 points to 24.300 in late trade.
The worst performers of the session were BDO Unibank Inc (PS:BDO), which fell 3.02% or 4.50 points to trade at 144.50 at the close. Petron Corp (PS:PCOR) declined 2.60% or 0.250 points to end at 9.350 and SM Investments Corp (PS:SM) was down 1.54% or 15.00 points to 958.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 83 and 50 ended unchanged.
Shares in LT Group Inc (PS:LTG) rose to 3-years highs; gaining 2.75% or 0.500 to 18.700.
Gold Futures for December delivery was up 0.14% or 1.75 to $1283.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.85% or 1.05 to hit $57.88 a barrel, while the January Brent oil contract rose 0.97% or 0.61 to trade at $63.18 a barrel.
CNY/PHP was up 0.28% to 7.6531, while USD/PHP fell 0.23% to 50.635.
The US Dollar Index Futures was down 0.19% at 93.71.