Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Mining & Oil, Services and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.54%.
The best performers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 3.03% or 0.300 points to trade at 10.200 at the close. Meanwhile, Manila Electric Co (PS:MER) added 1.86% or 6.000 points to end at 329.000 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.81% or 1.50 points to 84.50 in late trade.
The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 2.27% or 1.500 points to trade at 64.500 at the close. SM Investments Corp (PS:SM) declined 1.61% or 15.500 points to end at 944.500 and DMCI Holdings Inc (PS:DMC) was down 1.41% or 0.180 points to 12.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 97 to 80 and 45 ended unchanged.
Gold for June delivery was down 0.19% or 2.30 to $1227.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.18% or 1.14 to hit $37.03 a barrel, while the June Brent oil contract rose 2.40% or 0.91 to trade at $38.78 a barrel.
CNY/PHP was down 0.18% to 7.1411, while USD/PHP rose 0.11% to 46.290.
The US Dollar Index was up 0.30% at 94.89.