Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Property, Services and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.45%.
The biggest gainers of the session on the PSEi Composite were Bloomberry Res (PS:BLOOM), which rose 3.55% or 0.230 points to trade at 6.710 at the close. Megaworld Corp (PS:MEG) added 2.78% or 0.120 points to end at 4.440 and Sm Prime Hldgs (PS:SMPH) was up 1.85% or 0.400 points to 22.000 in late trade.
Biggest losers included San Miguel Cor (PS:SMC), which lost 4.04% or 2.000 points to trade at 47.500 in late trade. First Gen (PS:FGEN) declined 0.95% or 0.25 points to end at 26.00 and Semirara Minin (PS:SCC) shed 0.92% or 1.2000 points to 129.8000.
Advancing stocks outnumbered falling ones by 124 to 68 and 12 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.12% or 1.40 to $1176.10 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.27% or 0.59 to hit $45.70 a barrel, while the December Brent oil contract fell 0.60% or 0.29 to trade at $48.42 a barrel.
CNY/PHP was up 0.07% to 7.3096, while USD/PHP rose 0.08% to 46.410.
The US Dollar Index was down 0.09% at 94.81.