Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Industrials, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.92% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.83% or 60.00 points to trade at 2180.00 at the close. Meanwhile, Ayala Corp (PS:AC) added 2.74% or 24.50 points to end at 920.00 and PLDT Inc (PS:TEL) was up 2.59% or 36.00 points to 1428.00 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 6.67% or 3.400 points to trade at 47.600 at the close. Universal Robina Corp (PS:URC) declined 6.04% or 9.00 points to end at 140.00 and JG Summit Holdings Inc (PS:JGS) was down 5.49% or 3.000 points to 51.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 99 to 83 and 55 ended unchanged.
Shares in Globe Telecom Inc (PS:GLO) rose to 52-week highs; gaining 2.83% or 60.00 to 2180.00. Shares in Aboitiz Equity Ventures Inc (PS:AEV) fell to 3-years lows; losing 6.67% or 3.400 to 47.600.
Gold Futures for December delivery was down 0.07% or 0.80 to $1201.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.77% or 0.53 to hit $69.78 a barrel, while the November Brent oil contract rose 0.24% or 0.19 to trade at $79.25 a barrel.
CNY/PHP was up 0.41% to 7.8852, while USD/PHP rose 0.57% to 54.132.
The US Dollar Index Futures was unchanged 0.00% at 95.05.