Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Banking & Financials, Property and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.64%.
The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 1.16% or 0.250 points to trade at 21.800 at the close. Meanwhile, PLDT Inc (PS:TEL) added 0.56% or 8.00 points to end at 1438.00 and Energy Development Corp (PS:EDC) was up 0.14% or 0.010 points to 7.040 in late trade.
The worst performers of the session were BDO Unibank Inc (PS:BDO), which fell 5.08% or 6.60 points to trade at 123.30 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.81% or 2.300 points to end at 58.000 and Metro Pacific Investments Corp (PS:MPI) was down 3.79% or 0.210 points to 5.330.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 145 to 51 and 38 ended unchanged.
Shares in BDO Unibank Inc (PS:BDO) fell to 52-week lows; losing 5.08% or 6.60 to 123.30.
Gold Futures for December delivery was up 0.07% or 0.80 to $1199.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.00% or 0.70 to hit $69.17 a barrel, while the November Brent oil contract fell 0.60% or 0.47 to trade at $77.70 a barrel.
CNY/PHP was up 0.13% to 7.8521, while USD/PHP fell 0.11% to 53.544.
The US Dollar Index Futures was up 0.12% at 95.48.