Investing.com – Philippines stocks were lower after the close on Wednesday, as losses in the Holding Firms, Services and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.58%.
The best performers of the session on the PSEi Composite were Energy Development Corp (PS:EDC), which rose 2.67% or 0.140 points to trade at 5.390 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 1.85% or 0.40 points to end at 22.00 and Security Bank Corp (PS:SECB) was up 0.93% or 2.00 points to 217.00 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 2.35% or 43.000 points to trade at 1783.000 at the close. Alliance Global Group Inc (PS:AGI) declined 2.34% or 0.320 points to end at 13.380 and Manila Electric Co (PS:MER) was down 1.81% or 5.200 points to 282.800.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 98 to 88 and 52 ended unchanged.
Gold for February delivery was up 0.43% or 5.05 to $1190.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.26% or 0.13 to hit $50.95 a barrel, while the March Brent oil contract rose 0.24% or 0.13 to trade at $53.77 a barrel.
CNY/PHP was up 0.09% to 7.1579, while USD/PHP rose 0.13% to 49.575.
The US Dollar Index was up 0.01% at 102.02.