Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Services, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.61%.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 5.42% or 0.740 points to trade at 14.400 at the close. Robinsons Land Corp (PS:RLC) added 4.09% or 1.000 points to end at 25.450 and PLDT Inc (PS:TEL) was up 2.97% or 55.00 points to 1905.00 in late trade.
Biggest losers included Manila Electric Co (PS:MER), which lost 3.59% or 9.60 points to trade at 257.80 in late trade. LT Group Inc (PS:LTG) declined 2.38% or 0.380 points to end at 15.620 and GT Capital Holdings Inc (PS:GTCAP) shed 1.61% or 20.00 points to 1220.00.
Advancing stocks outnumbered falling ones by 106 to 94 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.05% or 0.58 to $1269.18 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.27% or 0.59 to hit $45.87 a barrel, while the August Brent oil contract fell 1.13% or 0.55 to trade at $48.17 a barrel.
CNY/PHP was down 0.05% to 7.2817, while USD/PHP fell 0.09% to 49.495.
The US Dollar Index Futures was unchanged 0.00% at 96.97.