Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Property, Holding Firms and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.51%.
The biggest gainers of the session on the PSEi Composite were Dmci Holdings (PS:DMC), which rose 4.40% or 0.540 points to trade at 12.800 at the close. Ayala Corp (PS:AC) added 2.95% or 22.000 points to end at 767.000 and San Miguel Cor (PS:SMC) was up 2.75% or 1.300 points to 48.500 in late trade.
Biggest losers included Bloomberry Res (PS:BLOOM), which lost 6.96% or 0.390 points to trade at 5.210 in late trade. Alliance Globa (PS:AGI) declined 6.93% or 1.140 points to end at 15.320 and First Gen (PS:FGEN) shed 3.49% or 0.80 points to 22.15.
Declining stocks outnumbered rising ones by 101 to 82 and 14 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.23% or 2.60 to $1124.20 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.44% or 0.20 to hit $45.03 a barrel, while the November Brent oil contract fell 0.20% or 0.10 to trade at $48.13 a barrel.
CNY/PHP was down 0.07% to 7.3521, while USD/PHP fell 0.19% to 46.730.
The US Dollar Index was up 0.15% at 96.21.