Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Property, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 3.09% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 6.91% or 0.300 points to trade at 4.640 at the close. JG Summit Holdings Inc (PS:JGS) added 6.54% or 5.400 points to end at 88.000 and San Miguel Corp (PS:SMC) was up 5.35% or 3.550 points to 69.950 in late trade.
Biggest losers included LT Group Inc (PS:LTG), which lost 4.03% or 0.580 points to trade at 13.820 in late trade. International Container Terminal Services Inc (PS:ICT) declined 0.63% or 0.400 points to end at 63.550 and Robinsons Land Corp (PS:RLC) gained 0.69% or 0.200 points to 29.200.
Advancing stocks outnumbered falling ones by 157 to 49 and 32 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.62% or 7.85 to $1272.65 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.43% or 0.64 to hit $44.02 a barrel, while the July Brent oil contract fell 1.21% or 0.55 to trade at $44.97 a barrel.
CNY/PHP was down 0.39% to 7.1463, while USD/PHP fell 0.49% to 46.535.
The US Dollar Index was down 0.12% at 94.11.