Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Property and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.14% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 8.73% or 2.00 points to trade at 24.90 at the close. Meanwhile, Energy Development Corp (PS:EDC) added 6.52% or 0.350 points to end at 5.720 and Ayala Corp (PS:AC) was up 2.35% or 20.000 points to 870.000 in late trade.
The worst performers of the session were Philex Mining Corp (PS:PX), which fell 10.86% or 0.870 points to trade at 7.140 at the close. Semirara Mining Corp (PS:SCC) declined 7.94% or 10.3000 points to end at 119.5000 and Metro Pacific Investments Corp (PS:MPI) was down 4.49% or 0.310 points to 6.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 81 and 41 ended unchanged.
Shares in Metro Pacific Investments Corp (PS:MPI) fell to 3-years highs; down 4.49% or 0.310 to 6.600.
Gold for August delivery was down 0.15% or 1.95 to $1270.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.84% or 0.42 to hit $50.27 a barrel, while the August Brent oil contract rose 0.53% or 0.27 to trade at $50.89 a barrel.
CNY/PHP was up 0.73% to 7.0833, while USD/PHP rose 0.53% to 46.623.
The US Dollar Index was down 0.24% at 93.93.