Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Mining & Oil and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.88%.
The best performers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 1.90% or 1.90 points to trade at 102.00 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 1.71% or 0.350 points to end at 20.800 and Ayala Land Inc (PS:ALI) was up 1.43% or 0.650 points to 46.250 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 4.26% or 1.000 points to trade at 22.500 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.11% or 2.500 points to end at 78.000 and Aboitiz Equity Ventures Inc (PS:AEV) was down 2.90% or 2.250 points to 75.250.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 115 to 103 and 40 ended unchanged.
Gold Futures for February delivery was up 0.70% or 9.30 to $1346.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.05% or 0.03 to hit $64.44 a barrel, while the March Brent oil contract fell 0.37% or 0.26 to trade at $69.70 a barrel.
CNY/PHP was down 0.08% to 7.9727, while USD/PHP fell 0.24% to 50.928.
The US Dollar Index Futures was down 0.26% at 89.65.