Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.64%.
The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 3.18% or 3.500 points to trade at 113.500 at the close. Meanwhile, Globe Telecom Inc (PS:GLO) added 2.15% or 40.00 points to end at 1900.00 and Energy Development Corp (PS:EDC) was up 0.71% or 0.040 points to 5.680 in late trade.
The worst performers of the session were SM Investments Corp (PS:SM), which fell 5.96% or 65.00 points to trade at 1025.00 at the close. Ayala Land Inc (PS:ALI) declined 2.96% or 1.350 points to end at 44.250 and SM Prime Holdings Inc (PS:SMPH) was down 2.51% or 0.950 points to 36.900.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 141 to 62 and 52 ended unchanged.
Shares in International Container Terminal Services Inc (PS:ICT) rose to 52-week highs; up 3.18% or 3.500 to 113.500.
Gold Futures for February delivery was up 0.53% or 7.10 to $1342.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.68% or 0.44 to hit $64.06 a barrel, while the April Brent oil contract fell 0.58% or 0.40 to trade at $68.12 a barrel.
CNY/PHP was up 0.37% to 8.1567, while USD/PHP fell 0.31% to 51.301.
The US Dollar Index Futures was down 0.27% at 88.78.