Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Services, Property and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.40%.
The best performers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 1.92% or 1.500 points to trade at 79.500 at the close. Meanwhile, Emperador Inc (PS:EMP) added 1.85% or 0.130 points to end at 7.150 and Robinsons Land Corp (PS:RLC) was up 1.84% or 0.450 points to 24.950 in late trade.
The worst performers of the session were PLDT Inc (PS:TEL), which fell 2.41% or 45.00 points to trade at 1825.00 at the close. Ayala Corp (PS:AC) declined 1.92% or 16.50 points to end at 841.50 and Globe Telecom Inc (PS:GLO) was down 1.87% or 40.00 points to 2100.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 93 and 42 ended unchanged.
Gold Futures for August delivery was up 0.32% or 3.94 to $1247.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.46% or 0.20 to hit $43.31 a barrel, while the August Brent oil contract fell 0.54% or 0.25 to trade at $45.77 a barrel.
CNY/PHP was up 0.41% to 7.3837, while USD/PHP rose 0.43% to 50.428.
The US Dollar Index Futures was up 0.04% at 97.44.