Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Property, Banking & Financials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.33% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were Security Bank Corp (PS:SECB), which rose 2.35% or 6.00 points to trade at 261.00 at the close. Ayala Land Inc (PS:ALI) added 1.76% or 0.750 points to end at 43.250 and BDO Unibank Inc (PS:BDO) was up 1.40% or 1.80 points to 130.60 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 2.08% or 0.500 points to trade at 23.500 in late trade. JG Summit Holdings Inc (PS:JGS) declined 1.45% or 1.050 points to end at 71.500 and DMCI Holdings Inc (PS:DMC) shed 1.26% or 0.200 points to 15.700.
Advancing stocks outnumbered falling ones by 111 to 76 and 56 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.76% or 9.76 to $1292.66 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.11% or 0.05 to hit $46.73 a barrel, while the October Brent oil contract fell 0.02% or 0.01 to trade at $50.26 a barrel.
CNY/PHP was up 0.35% to 7.6902, while USD/PHP fell 0.08% to 51.325.
The US Dollar Index Futures was up 0.12% at 93.52.