Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Services and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.38%.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.94% or 50.000 points to trade at 1750.000 at the close. Meanwhile, LT Group Inc (PS:LTG) added 2.88% or 0.380 points to end at 13.580 and Robinsons Land Corp (PS:RLC) was up 1.61% or 0.400 points to 25.250 in late trade.
The worst performers of the session were PLDT Inc (PS:TEL), which fell 3.27% or 49.00 points to trade at 1451.00 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 2.64% or 2.10 points to end at 77.30 and Universal Robina Corp (PS:URC) was down 1.97% or 3.300 points to 164.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 99 to 93 and 46 ended unchanged.
Gold Futures for April delivery was down 0.06% or 0.75 to $1235.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.00% or 0.52 to hit $51.65 a barrel, while the April Brent oil contract fell 0.62% or 0.34 to trade at $54.71 a barrel.
CNY/PHP was up 0.34% to 7.2543, while USD/PHP rose 0.30% to 49.910.
The US Dollar Index Futures was up 0.19% at 100.58.