Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Banking & Financials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.12%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 1.28% or 0.060 points to trade at 4.740 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 1.18% or 0.120 points to end at 10.280 and Jollibee Foods Corp (PS:JFC) was up 1.06% or 3.00 points to 287.00 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 5.46% or 89.00 points to trade at 1542.00 at the close. SM Investments Corp (PS:SM) declined 3.52% or 31.00 points to end at 850.00 and Bank of the Philippine Islands (PS:BPI) was down 3.39% or 3.30 points to 94.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 116 to 65 and 55 ended unchanged.
Gold Futures for June delivery was down 0.02% or 0.30 to $1291.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.43% or 0.31 to hit $71.89 a barrel, while the July Brent oil contract fell 0.57% or 0.45 to trade at $79.12 a barrel.
CNY/PHP was up 0.18% to 8.2141, while USD/PHP rose 0.33% to 52.450.
The US Dollar Index Futures was up 0.32% at 93.81.