Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Industrials, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.53%.
The biggest gainers of the session on the PSEi Composite were Bloomberry Res (PS:BLOOM), which rose 4.59% or 0.520 points to trade at 11.840 at the close. Universal Robi (PS:URC) added 4.21% or 9.000 points to end at 223.000 and Metro Pacifi I (PS:MPI) was up 3.35% or 0.160 points to 4.930 in late trade.
Biggest losers included Aboitiz Power (PS:AP), which lost 4.05% or 1.75 points to trade at 41.50 in late trade. Philex Mining (PS:PX) declined 3.61% or 0.240 points to end at 6.410 and San Miguel Cor (PS:SMC) shed 2.52% or 1.750 points to 67.800.
Advancing stocks outnumbered falling ones by 101 to 93 and 19 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.39% or 4.70 to $1206.00 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.91% or 0.52 to hit $55.88 a barrel, while the June Brent oil contract fell 1.27% or 0.81 to trade at $62.52 a barrel.
CNY/PHP was up 0.10% to 7.1689, while USD/PHP fell 0.00% to 44.430.
The US Dollar Index was up 0.29% at 98.83.