Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Mining & Oil, Industrials and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.06%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 0.67% or 16.000 points to trade at 2410.000 at the close. Sm Prime Hldgs (PS:SMPH) added 0.50% or 0.100 points to end at 20.350 and Alliance Globa (PS:AGI) was up 0.46% or 0.100 points to 22.000 in late trade.
Biggest losers included Petron (PS:PCOR), which lost 5.29% or 0.460 points to trade at 8.350 in late trade. Metropolitan B (PS:MBT) declined 4.92% or 4.60 points to end at 89.50 and Bloomberry Res (PS:BLOOM) shed 3.85% or 0.350 points to 8.770.
Declining stocks outnumbered rising ones by 143 to 44 and 13 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.03% or 0.30 to $1152.30 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.27% or 0.67 to hit $51.66 a barrel, while the August Brent oil contract fell 1.50% or 0.85 to trade at $56.00 a barrel.
CNY/PHP was up 0.02% to 7.2928, while USD/PHP rose 0.01% to 45.282.
The US Dollar Index was down 0.15% at 96.74.