Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Services, Industrials and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.14%.
The biggest gainers of the session on the PSEi Composite were Philippine Long Distance Telephone Company (PS:TEL), which rose 4.56% or 85.00 points to trade at 1950.00 at the close. Petron Corp (PS:PCOR) added 3.73% or 0.380 points to end at 10.560 and GT Capital Holdings Inc (PS:GTCAP) was up 2.70% or 42.000 points to 1599.000 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 3.13% or 3.00 points to trade at 93.00 in late trade. SM Investments Corp (PS:SM) declined 0.66% or 4.500 points to end at 678.000 and San Miguel Corp (PS:SMC) shed 0.61% or 0.500 points to 82.000.
Advancing stocks outnumbered falling ones by 127 to 57 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.57% or 7.75 to $1356.95 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.39% or 0.16 to hit $40.99 a barrel, while the October Brent oil contract fell 0.02% or 0.01 to trade at $43.09 a barrel.
CNY/PHP was down 0.05% to 7.0864, while USD/PHP rose 0.06% to 47.055.
The US Dollar Index was up 0.14% at 95.62.