Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Services, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.93%.
The best performers of the session on the PSEi Composite were Security Bank Corp (PS:SECB), which rose 1.00% or 2.00 points to trade at 203.00 at the close. Meanwhile, Aboitiz Power Corp (PS:AP) added 0.95% or 0.40 points to end at 42.70 and Globe Telecom Inc (PS:GLO) was up 0.84% or 16.00 points to 1929.00 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 3.23% or 0.200 points to trade at 6.000 at the close. JG Summit Holdings Inc (PS:JGS) declined 3.07% or 2.500 points to end at 79.000 and International Container Terminal Services Inc (PS:ICT) was down 2.95% or 2.600 points to 85.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 126 to 57 and 53 ended unchanged.
Gold Futures for April delivery was up 0.12% or 1.45 to $1247.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.60% or 0.29 to hit $47.95 a barrel, while the May Brent oil contract fell 0.65% or 0.33 to trade at $50.63 a barrel.
CNY/PHP was up 0.23% to 7.3022, while USD/PHP rose 0.23% to 50.295.
The US Dollar Index Futures was up 0.05% at 99.60.