Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Mining & Oil and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.44% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 3.03% or 60.00 points to trade at 2040.00 at the close. First Gen Corp (PS:FGEN) added 2.70% or 0.50 points to end at 19.00 and International Container Terminal Services Inc (PS:ICT) was up 2.45% or 2.600 points to 108.800 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 2.09% or 25.00 points to trade at 1174.00 in late trade. Alliance Global Group Inc (PS:AGI) declined 1.88% or 0.280 points to end at 14.580 and LT Group Inc (PS:LTG) shed 1.02% or 0.180 points to 17.500.
Declining stocks outnumbered rising ones by 100 to 98 and 49 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.24% or 3.19 to $1332.49 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.66% or 0.33 to hit $49.56 a barrel, while the November Brent oil contract fell 0.56% or 0.31 to trade at $55.16 a barrel.
CNY/PHP was up 0.10% to 7.8286, while USD/PHP rose 0.10% to 51.230.
The US Dollar Index Futures was down 0.01% at 92.03.