Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Services, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.63%.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 3.96% or 1.25 points to trade at 32.85 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 1.42% or 0.24 points to end at 17.20 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.17% or 0.800 points to 69.350 in late trade.
The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 3.85% or 11.40 points to trade at 285.00 at the close. Globe Telecom Inc (PS:GLO) declined 2.82% or 47.00 points to end at 1621.00 and JG Summit Holdings Inc (PS:JGS) was down 2.55% or 1.650 points to 63.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 104 and 46 ended unchanged.
Gold Futures for June delivery was up 0.74% or 9.90 to $1347.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.28% or 0.81 to hit $62.70 a barrel, while the June Brent oil contract fell 1.25% or 0.85 to trade at $67.27 a barrel.
CNY/PHP was up 0.32% to 8.2794, while USD/PHP rose 0.37% to 52.092.
The US Dollar Index Futures was down 0.23% at 89.64.