Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Services, Property and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.30%.
The best performers of the session on the PSEi Composite were Energy Development Corp (PS:EDC), which rose 2.69% or 0.160 points to trade at 6.100 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 1.84% or 0.280 points to end at 15.480 and Megaworld Corp (PS:MEG) was up 1.51% or 0.070 points to 4.700 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 3.31% or 0.850 points to trade at 24.800 at the close. Petron Corp (PS:PCOR) declined 2.49% or 0.280 points to end at 10.980 and International Container Terminal Services Inc (PS:ICT) was down 1.96% or 2.000 points to 100.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 106 to 97 and 39 ended unchanged.
Gold Futures for June delivery was up 0.13% or 1.61 to $1263.71 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.85% or 0.42 to hit $49.24 a barrel, while the August Brent oil contract fell 0.90% or 0.47 to trade at $51.77 a barrel.
CNY/PHP was up 0.49% to 7.3035, while USD/PHP fell 0.02% to 49.820.
The US Dollar Index Futures was up 0.07% at 97.29.