Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Mining & Oil, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.17% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.58% or 0.320 points to trade at 7.300 at the close. Metro Pacific Investments Corp (PS:MPI) added 3.12% or 0.190 points to end at 6.280 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.84% or 1.60 points to 88.60 in late trade.
Biggest losers included Jollibee Foods Corp (PS:JFC), which lost 1.83% or 4.400 points to trade at 235.600 in late trade. Bloomberry Resorts Corp (PS:BLOOM) declined 1.78% or 0.080 points to end at 4.420 and JG Summit Holdings Inc (PS:JGS) shed 1.58% or 1.500 points to 93.500.
Declining stocks outnumbered rising ones by 98 to 94 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.07% or 0.85 to $1273.35 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.73% or 0.35 to hit $48.07 a barrel, while the July Brent oil contract rose 0.14% or 0.07 to trade at $49.04 a barrel.
CNY/PHP was down 0.10% to 7.1166, while USD/PHP fell 0.09% to 46.414.
The US Dollar Index was down 0.08% at 94.45.