Investing.com – Philippines equities were higher at the close on Friday, as gains in the Industrials, Mining & Oil and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.16% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Universal Robi (PS:URC), which rose 1.82% or 3.400 points to trade at 191.500 at the close. Semirara Minin (PS:SCC) added 1.69% or 2.0000 points to end at 120.0000 and Ayala Corp (PS:AC) was up 1.54% or 12.000 points to 787.000 in late trade.
Biggest losers included Philex Mining (PS:PX), which lost 1.77% or 0.100 points to trade at 5.540 in late trade. Bloomberry Res (PS:BLOOM) declined 1.68% or 0.170 points to end at 9.940 and Metro Pacifi I (PS:MPI) shed 1.64% or 0.080 points to 4.800.
Declining stocks outnumbered rising ones by 104 to 83 and 13 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 1.06% or 11.60 to $1082.50 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.39% or 0.19 to hit $48.64 a barrel, while the September Brent oil contract fell 0.27% or 0.15 to trade at $55.12 a barrel.
CNY/PHP was up 0.35% to 7.3315, while USD/PHP rose 0.35% to 45.525.
The US Dollar Index was up 0.36% at 97.64.