Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Services and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.06%.
The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 2.78% or 2.350 points to trade at 86.950 at the close. Meanwhile, Manila Electric Co (PS:MER) added 2.42% or 7.80 points to end at 329.80 and Robinsons Land Corp (PS:RLC) was up 2.23% or 0.400 points to 18.300 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 5.24% or 3.350 points to trade at 60.600 at the close. PLDT Inc (PS:TEL) declined 5.19% or 76.00 points to end at 1387.00 and GT Capital Holdings Inc (PS:GTCAP) was down 4.76% or 50.00 points to 1000.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 117 to 85 and 43 ended unchanged.
Shares in GT Capital Holdings Inc (PS:GTCAP) fell to 3-years lows; down 4.76% or 50.00 to 1000.00.
Gold Futures for June delivery was up 0.26% or 3.40 to $1310.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.70% or 0.47 to hit $67.72 a barrel, while the July Brent oil contract rose 0.38% or 0.28 to trade at $73.41 a barrel.
CNY/PHP was down 0.16% to 8.1600, while USD/PHP rose 0.23% to 51.882.
The US Dollar Index Futures was down 0.13% at 92.16.