Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Holding Firms, Property and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 2.58%.
The best performers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 15.38% or 8.000 points to trade at 60.000 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 8.38% or 0.300 points to end at 3.880 and Sm Investment (PS:SM) was up 4.52% or 35.000 points to 810.000 in late trade.
The worst performers of the session were Philex Mining (PS:PX), which fell 0.96% or 0.040 points to trade at 4.110 at the close. Intl Container (PS:ICT) added 0.51% or 0.300 points to end at 59.100 and Phi Long Dis T (PS:TEL) was up 0.52% or 10.00 points to 1940.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 108 to 76 and 11 ended unchanged.
Shares in Philex Mining (PS:PX) fell to 3-years lows; down 0.96% or 0.040 to 4.110.
Gold for February delivery was down 0.42% or 4.60 to $1080.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.82% or 0.56 to hit $31.00 a barrel, while the March Brent oil contract fell 0.32% or 0.10 to trade at $31.29 a barrel.
CNY/PHP was up 0.23% to 7.2269, while USD/PHP rose 0.31% to 47.533.
The US Dollar Index was up 0.22% at 99.24.