Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Banking & Financials, Services and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.29%.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 6.38% or 105.00 points to trade at 1750.00 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 3.65% or 0.190 points to end at 5.400 and Jollibee Foods Corp (PS:JFC) was up 1.80% or 5.00 points to 283.00 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 3.98% or 2.450 points to trade at 59.050 at the close. Security Bank Corp (PS:SECB) declined 3.86% or 7.60 points to end at 189.50 and Aboitiz Equity Ventures Inc (PS:AEV) was down 3.08% or 1.900 points to 59.700.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 113 to 72 and 59 ended unchanged.
Shares in Security Bank Corp (PS:SECB) fell to 52-week lows; losing 3.86% or 7.60 to 189.50. Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 52-week lows; falling 3.08% or 1.900 to 59.700.
Gold Futures for June delivery was down 0.59% or 7.80 to $1305.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.97% or 2.05 to hit $71.11 a barrel, while the July Brent oil contract rose 2.95% or 2.21 to trade at $77.06 a barrel.
CNY/PHP was up 0.08% to 8.1528, while USD/PHP rose 0.22% to 52.016.
The US Dollar Index Futures was up 0.20% at 93.13.