Investing.com – Philippines equities were lower at the close on Wednesday, as losses in the Services, Banking & Financials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.19%.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 3.86% or 0.210 points to trade at 5.650 at the close. Bloomberry Resorts Corp (PS:BLOOM) added 2.50% or 0.110 points to end at 4.510 and Robinsons Land Corp (PS:RLC) was up 2.07% or 0.600 points to 29.550 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 3.89% or 0.85 points to trade at 21.00 in late trade. International Container Terminal Services Inc (PS:ICT) declined 3.31% or 2.200 points to end at 64.300 and Globe Telecom Inc (PS:GLO) shed 2.64% or 58.000 points to 2140.000.
Declining stocks outnumbered rising ones by 102 to 86 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.45% or 5.60 to $1248.70 a troy ounce. Meanwhile, Crude oil for delivery in June fell 2.14% or 0.91 to hit $41.56 a barrel, while the June Brent oil contract fell 2.04% or 0.90 to trade at $43.13 a barrel.
CNY/PHP was up 0.05% to 7.1420, while USD/PHP rose 0.21% to 46.195.
The US Dollar Index was unchanged 0.00% at 94.07.