Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Banking & Financials, Industrials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.87%.
The best performers of the session on the PSEi Composite were Puregold Price Club Inc (PS:PGOLD), which rose 3.86% or 1.700 points to trade at 45.700 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 3.22% or 1.150 points to end at 36.850 and Ayala Corp (PS:AC) was up 2.23% or 20.50 points to 940.00 in late trade.
The worst performers of the session were Security Bank Corp (PS:SECB), which fell 7.58% or 12.80 points to trade at 156.00 at the close. Metro Pacific Investments Corp (PS:MPI) declined 5.49% or 0.270 points to end at 4.650 and GT Capital Holdings Inc (PS:GTCAP) was down 5.29% or 45.00 points to 805.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 66 and 53 ended unchanged.
Shares in Security Bank Corp (PS:SECB) fell to 52-week lows; losing 7.58% or 12.80 to 156.00.
Gold Futures for December delivery was down 0.05% or 0.60 to $1204.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.03% or 0.02 to hit $72.30 a barrel, while the December Brent oil contract rose 0.12% or 0.10 to trade at $81.36 a barrel.
CNY/PHP was up 0.08% to 7.9050, while USD/PHP rose 0.04% to 54.324.
The US Dollar Index Futures was down 0.01% at 93.72.