Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Mining & Oil, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.27%.
The biggest gainers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 3.29% or 0.190 points to trade at 5.970 at the close. Dmci Holdings (PS:DMC) added 2.13% or 0.280 points to end at 13.420 and Globe Telecom (PS:GLO) was up 1.79% or 44.000 points to 2500.000 in late trade.
Biggest losers included Universal Robi (PS:URC), which lost 1.67% or 3.200 points to trade at 187.000 in late trade. Jg Summit (PS:JGS) declined 1.04% or 0.750 points to end at 71.700 and Ayala Land (PS:ALI) shed 0.39% or 0.150 points to 38.300.
Advancing stocks outnumbered falling ones by 109 to 74 and 16 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.01% or 0.10 to $1153.60 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.56% or 0.29 to hit $52.74 a barrel, while the September Brent oil contract fell 0.69% or 0.41 to trade at $58.27 a barrel.
CNY/PHP was up 0.25% to 7.2940, while USD/PHP rose 0.25% to 45.290.
The US Dollar Index was down 0.06% at 96.75.