Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Banking & Financials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.23%.
The biggest gainers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 3.04% or 0.200 points to trade at 6.780 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 2.13% or 1.90 points to end at 90.90 and SM Prime Holdings Inc (PS:SMPH) was up 1.48% or 0.400 points to 27.500 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 2.29% or 1.450 points to trade at 62.000 in late trade. Aboitiz Power Corp (PS:AP) declined 2.11% or 0.95 points to end at 44.00 and Petron Corp (PS:PCOR) shed 1.72% or 0.180 points to 10.280.
Advancing stocks outnumbered falling ones by 100 to 85 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.33% or 4.50 to $1357.60 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.89% or 0.40 to hit $45.54 a barrel, while the September Brent oil contract rose 0.86% or 0.40 to trade at $46.80 a barrel.
CNY/PHP was down 0.07% to 7.0544, while USD/PHP rose 0.40% to 47.180.
The US Dollar Index was down 0.10% at 96.23.