Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.24%.
The best performers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 1.58% or 1.250 points to trade at 80.250 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 1.27% or 1.30 points to end at 104.00 and Metro Pacific Investments Corp (PS:MPI) was up 1.11% or 0.070 points to 6.380 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 2.41% or 0.110 points to trade at 4.450 at the close. Emperador Inc (PS:EMP) declined 1.82% or 0.140 points to end at 7.560 and Alliance Global Group Inc (PS:AGI) was down 1.77% or 0.260 points to 14.400.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 103 to 89 and 50 ended unchanged.
Gold Futures for August delivery was up 0.56% or 6.93 to $1253.83 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.61% or 0.27 to hit $43.97 a barrel, while the September Brent oil contract fell 0.40% or 0.19 to trade at $46.73 a barrel.
CNY/PHP was up 0.49% to 7.4307, while USD/PHP rose 0.55% to 50.571.
The US Dollar Index Futures was down 0.26% at 95.93.