Investing.com – Philippines equities were higher at the close on Friday, as gains in the Services, Industrials and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.01%.
The biggest gainers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 2.92% or 0.200 points to trade at 7.050 at the close. BDO Unibank Inc (PS:BDO) added 2.23% or 2.50 points to end at 114.50 and Energy Development Corp (PS:EDC) was up 2.11% or 0.120 points to 5.800 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 2.65% or 0.180 points to trade at 6.620 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 1.66% or 21.000 points to end at 1245.000 and Alliance Global Group Inc (PS:AGI) shed 1.41% or 0.180 points to 12.620.
Declining stocks outnumbered rising ones by 101 to 81 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.39% or 4.75 to $1214.65 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.80% or 0.43 to hit $53.97 a barrel, while the April Brent oil contract rose 0.83% or 0.47 to trade at $57.03 a barrel.
CNY/PHP was up 0.29% to 7.2505, while USD/PHP rose 0.11% to 49.825.
The US Dollar Index Futures was up 0.09% at 99.92.