Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Industrials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 2.58% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were DMCI Holdings Inc (PS:DMC), which rose 0.95% or 0.120 points to trade at 12.720 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 0.86% or 1.80 points to end at 211.80 and Aboitiz Power Corp (PS:AP) was up 0.67% or 0.30 points to 45.30 in late trade.
The worst performers of the session were Universal Robina Corp (PS:URC), which fell 6.76% or 12.500 points to trade at 172.500 at the close. International Container Terminal Services Inc (PS:ICT) declined 5.26% or 4.000 points to end at 72.000 and Ayala Corp (PS:AC) was down 4.93% or 41.000 points to 790.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 153 to 43 and 36 ended unchanged.
Gold for December delivery was up 2.25% or 28.65 to $1303.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.18% or 0.53 to hit $44.45 a barrel, while the January Brent oil contract fell 0.98% or 0.45 to trade at $45.59 a barrel.
CNY/PHP was up 0.48% to 7.1907, while USD/PHP rose 0.18% to 48.689.
The US Dollar Index was down 0.70% at 97.19.