Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.81%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 2.37% or 0.120 points to trade at 5.180 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 1.53% or 0.100 points to end at 6.630 and DMCI Holdings Inc (PS:DMC) was up 1.30% or 0.200 points to 15.600 in late trade.
The worst performers of the session were GT Capital Holdings Inc (PS:GTCAP), which fell 2.21% or 25.00 points to trade at 1105.00 at the close. PLDT Inc (PS:TEL) declined 1.99% or 35.00 points to end at 1720.00 and SM Investments Corp (PS:SM) was down 1.87% or 15.50 points to 815.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 111 to 70 and 67 ended unchanged.
Shares in Megaworld Corp (PS:MEG) rose to 52-week highs; gaining 2.37% or 0.120 to 5.180. Shares in GT Capital Holdings Inc (PS:GTCAP) fell to 52-week lows; down 2.21% or 25.00 to 1105.00.
Gold Futures for December delivery was down 0.09% or 1.27 to $1343.23 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.23% or 0.11 to hit $48.77 a barrel, while the November Brent oil contract rose 0.19% or 0.10 to trade at $53.48 a barrel.
CNY/PHP was up 0.22% to 7.8274, while USD/PHP fell 0.17% to 51.054.
The US Dollar Index Futures was down 0.16% at 92.13.