Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.06% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 6.33% or 5.000 points to trade at 84.000 at the close. Megaworld Corp (PS:MEG) added 2.22% or 0.100 points to end at 4.600 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.76% or 1.50 points to 86.90 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 2.07% or 0.110 points to trade at 5.200 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 1.85% or 27.000 points to end at 1430.000 and Ayala Land Inc (PS:ALI) shed 1.72% or 0.650 points to 37.150.
Declining stocks outnumbered rising ones by 109 to 67 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.06% or 0.75 to $1324.45 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.85% or 0.38 to hit $45.28 a barrel, while the November Brent oil contract rose 0.66% or 0.31 to trade at $47.41 a barrel.
CNY/PHP was down 0.69% to 7.1069, while USD/PHP fell 0.08% to 47.425.
The US Dollar Index was up 0.04% at 95.58.