Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Property, Holding Firms and Mining & Oil sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.16%.
The best performers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 2.66% or 2.50 points to trade at 96.50 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.64% or 0.150 points to end at 5.840 and Security Bank Corp (PS:SECB) was up 2.53% or 6.40 points to 259.40 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 3.12% or 2.400 points to trade at 74.550 at the close. Ayala Land Inc (PS:ALI) declined 2.85% or 1.300 points to end at 44.300 and Energy Development Corp (PS:EDC) was down 2.73% or 0.160 points to 5.700.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 128 to 90 and 37 ended unchanged.
Shares in Megaworld Corp (PS:MEG) rose to 52-week highs; up 2.64% or 0.150 to 5.840.
Gold Futures for December delivery was up 0.30% or 3.78 to $1279.58 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.30% or 0.17 to hit $57.03 a barrel, while the January Brent oil contract fell 0.03% or 0.02 to trade at $63.67 a barrel.
CNY/PHP was down 0.12% to 7.7313, while USD/PHP fell 0.21% to 51.290.
The US Dollar Index Futures was down 0.08% at 94.73.