Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Industrials, Property and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.42%.
The biggest gainers of the session on the PSEi Composite were Sm Prime Hldgs (PS:SMPH), which rose 4.48% or 0.900 points to trade at 21.000 at the close. Energy Develop (PS:EDC) added 4.24% or 0.250 points to end at 6.150 and Bdo Unibank (PS:BDO) was up 1.75% or 1.75 points to 101.60 in late trade.
Biggest losers included Petron (PS:PCOR), which lost 3.50% or 0.250 points to trade at 6.900 in late trade. Ayala Land (PS:ALI) declined 1.99% or 0.700 points to end at 34.500 and Lt Group (PS:LTG) shed 1.90% or 0.240 points to 12.380.
Advancing stocks outnumbered falling ones by 118 to 70 and 11 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.01% or 0.10 to $1118.90 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.73% or 0.34 to hit $46.80 a barrel, while the November Brent oil contract fell 0.56% or 0.28 to trade at $49.47 a barrel.
CNY/PHP was down 0.33% to 7.2966, while USD/PHP fell 0.38% to 46.460.
The US Dollar Index was down 0.21% at 95.31.