Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Banking & Financials, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.13%.
The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 2.68% or 3.00 points to trade at 115.00 at the close. LT Group Inc (PS:LTG) added 2.26% or 0.280 points to end at 12.680 and First Gen Corp (PS:FGEN) was up 2.02% or 0.45 points to 22.75 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 1.95% or 29.00 points to trade at 1461.00 in late trade. Manila Electric Co (PS:MER) declined 1.38% or 4.000 points to end at 285.000 and SM Prime Holdings Inc (PS:SMPH) shed 0.83% or 0.250 points to 29.800.
Advancing stocks outnumbered falling ones by 94 to 84 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.15% or 1.75 to $1196.05 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.61% or 0.32 to hit $53.07 a barrel, while the March Brent oil contract rose 0.71% or 0.39 to trade at $55.47 a barrel.
CNY/PHP was up 0.35% to 7.2293, while USD/PHP rose 0.32% to 49.750.
The US Dollar Index was up 0.11% at 100.02.