Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Holding Firms and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.06% to hit a new 3-months low.
The best performers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 6.33% or 5.000 points to trade at 84.000 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.22% or 0.100 points to end at 4.600 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.76% or 1.50 points to 86.90 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 2.07% or 0.110 points to trade at 5.200 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 1.85% or 27.000 points to end at 1430.000 and Ayala Land Inc (PS:ALI) was down 1.72% or 0.650 points to 37.150.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 109 to 67 and 50 ended unchanged.
Gold for December delivery was up 0.06% or 0.75 to $1324.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.85% or 0.38 to hit $45.28 a barrel, while the November Brent oil contract rose 0.66% or 0.31 to trade at $47.41 a barrel.
CNY/PHP was down 0.69% to 7.1069, while USD/PHP fell 0.08% to 47.425.
The US Dollar Index was up 0.04% at 95.58.