Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Banking & Financials, Industrials and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.45%.
The best performers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 2.82% or 2.100 points to trade at 76.500 at the close. Meanwhile, Ayala Land Inc (PS:ALI) added 1.12% or 0.400 points to end at 36.000 and JG Summit Holdings Inc (PS:JGS) was up 1.11% or 0.800 points to 73.000 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 3.73% or 0.950 points to trade at 24.500 at the close. Jollibee Foods Corp (PS:JFC) declined 2.23% or 4.600 points to end at 201.400 and Metro Pacific Investments Corp (PS:MPI) was down 2.20% or 0.150 points to 6.670.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 108 to 86 and 48 ended unchanged.
Shares in Robinsons Land Corp (PS:RLC) fell to 52-week lows; losing 3.73% or 0.950 to 24.500.
Gold Futures for April delivery was up 0.13% or 1.65 to $1227.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.51% or 0.27 to hit $52.93 a barrel, while the April Brent oil contract fell 0.30% or 0.17 to trade at $55.80 a barrel.
CNY/PHP was down 0.17% to 7.2670, while USD/PHP rose 0.06% to 49.910.
The US Dollar Index Futures was up 0.14% at 101.34.