Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Property and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.84%.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.08% or 33.00 points to trade at 1622.00 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 1.74% or 2.00 points to end at 117.00 and Jollibee Foods Corp (PS:JFC) was up 1.56% or 4.60 points to 299.00 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 5.96% or 8.50 points to trade at 134.00 at the close. SM Investments Corp (PS:SM) declined 3.27% or 31.00 points to end at 917.00 and Manila Electric Co (PS:MER) was down 3.05% or 10.00 points to 318.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 113 to 83 and 54 ended unchanged.
Gold Futures for April delivery was down 0.11% or 1.50 to $1340.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 1.04% or 0.68 to hit $64.57 a barrel, while the June Brent oil contract fell 0.78% or 0.54 to trade at $68.92 a barrel.
CNY/PHP was down 0.51% to 8.2985, while USD/PHP fell 0.35% to 52.239.
The US Dollar Index Futures was up 0.13% at 89.08.