Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Holding Firms and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.04%.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 3.97% or 1.45 points to trade at 38.00 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 3.82% or 4.40 points to end at 119.50 and LT Group Inc (PS:LTG) was up 2.88% or 0.600 points to 21.400 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 2.35% or 1.900 points to trade at 79.100 at the close. Aboitiz Equity Ventures Inc (PS:AEV) declined 2.00% or 1.550 points to end at 75.950 and Ayala Land Inc (PS:ALI) was down 1.62% or 0.750 points to 45.650.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 105 to 104 and 53 ended unchanged.
Shares in Bank of the Philippine Islands (PS:BPI) rose to all time highs; gaining 3.82% or 4.40 to 119.50. Shares in LT Group Inc (PS:LTG) rose to 3-years highs; up 2.88% or 0.600 to 21.400.
Gold Futures for February delivery was up 0.08% or 1.10 to $1314.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.89% or 0.56 to hit $63.52 a barrel, while the March Brent oil contract rose 0.58% or 0.40 to trade at $69.22 a barrel.
CNY/PHP was up 0.48% to 7.7320, while USD/PHP rose 0.16% to 50.387.
The US Dollar Index Futures was down 0.17% at 92.07.