Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Banking & Financials, Industrials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.53%.
The biggest gainers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 4.53% or 0.860 points to trade at 19.860 at the close. BDO Unibank Inc (PS:BDO) added 3.20% or 4.80 points to end at 154.80 and Security Bank Corp (PS:SECB) was up 3.05% or 7.40 points to 250.00 in late trade.
Biggest losers included Semirara Mining Corp (PS:SCC), which lost 3.70% or 1.30 points to trade at 33.80 in late trade. LT Group Inc (PS:LTG) declined 2.13% or 0.450 points to end at 20.700 and Globe Telecom Inc (PS:GLO) shed 1.81% or 31.00 points to 1683.00.
Declining stocks outnumbered rising ones by 113 to 100 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.10% or 1.30 to $1333.90 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.93% or 0.58 to hit $62.02 a barrel, while the May Brent oil contract fell 0.96% or 0.63 to trade at $65.16 a barrel.
CNY/PHP was down 0.18% to 8.2197, while USD/PHP rose 0.04% to 51.980.
The US Dollar Index Futures was down 0.03% at 89.53.