Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Mining & Oil, Services and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.25%.
The biggest gainers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 4.41% or 64.00 points to trade at 1515.00 at the close. Robinsons Land Corp (PS:RLC) added 2.38% or 0.600 points to end at 25.850 and LT Group Inc (PS:LTG) was up 2.06% or 0.280 points to 13.860 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 3.34% or 5.500 points to trade at 159.000 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.22% or 1.650 points to end at 72.650 and International Container Terminal Services Inc (PS:ICT) shed 1.38% or 1.050 points to 74.850.
Advancing stocks outnumbered falling ones by 98 to 94 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.27% or 3.35 to $1242.85 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.76% or 0.40 to hit $52.74 a barrel, while the April Brent oil contract rose 0.80% or 0.44 to trade at $55.56 a barrel.
CNY/PHP was up 0.25% to 7.2771, while USD/PHP rose 0.11% to 49.934.
The US Dollar Index Futures was up 0.11% at 100.25.