PSEi down slightly

Philippine stocks Wednesday slipped lower  as regional indices closed mixed ahead of key economic data from China this week.

The benchmark Philippine Stock Exchange Index slid 0.05 percent, or 3.66 points, to 8,051.40. The broader all-shares index was higher by 0.01 percent to 4,778.89.

Sub-sectors, meanwhile, closed mixed Wednesday. Lowers were led by industrial and holding firms, which slid 0.37 percent and 0.31 percent, respectively.

Mining and oil jumped 0.65 percent, followed by financials, up 0.43 percent, and property, up 0.20 percent.

A total of 1.57 billion shares, valued at P8.2 billion, changed hands.

Data from the PSE showed that a total of 83 companies gained against 106 decliners and 41 companies closed unchanged.

Aboitiz Equity Ventures Inc. was the most actively traded company, as it sank 0.27 percent to P74.95 per share on Wednesday.

This was followed by SM Prime Holdings Inc., up 0.17 percent to P30.25, International Container Terminal Services Inc., up 3.33 percent to P63.55, Metro Pacific Investments Corp., down 0.13 percent to P7.48, and PLDT Inc., up 0.26 percent to P1,906.

This was followed by Ayala Corp., down 0.11 percent to P898, GT Capital Holdings Inc., up 0.12 percent to P1,620, BDO Unibank Inc., up 2.40 percent to P119.50, Universal Robina Corp., down 0.49 percent to P204.80, and Security Bank Corp., down 0.36 percent to P222 per share. Miguel R. Camus