Investing.com – Philippines equities were higher at the close on Friday, as gains in the Holding Firms, Industrials and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.32%.
The biggest gainers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 3.30% or 7.000 points to trade at 219.000 at the close. SM Investments Corp (PS:SM) added 3.17% or 20.000 points to end at 650.000 and Petron Corp (PS:PCOR) was up 2.74% or 0.270 points to 10.120 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 2.31% or 30.00 points to trade at 1270.00 in late trade. SM Prime Holdings Inc (PS:SMPH) declined 2.19% or 0.600 points to end at 26.800 and LT Group Inc (PS:LTG) shed 1.97% or 0.260 points to 12.940.
Declining stocks outnumbered rising ones by 89 to 89 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.68% or 7.95 to $1177.35 a troy ounce. Meanwhile, Crude oil for delivery in January unchanged 0.00% or 0.00 to hit $51.06 a barrel, while the February Brent oil contract fell 0.32% or 0.17 to trade at $53.77 a barrel.
CNY/PHP was down 0.15% to 7.2100, while USD/PHP fell 0.27% to 49.620.
The US Dollar Index was down 0.08% at 100.94.