Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Holding Firms, Services and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.64%.
The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 3.73% or 2.950 points to trade at 81.950 at the close. Megaworld Corp (PS:MEG) added 2.29% or 0.080 points to end at 3.580 and Petron Corp (PS:PCOR) was up 2.27% or 0.200 points to 9.000 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 2.95% or 0.700 points to trade at 23.000 in late trade. Manila Electric Co (PS:MER) declined 2.19% or 6.20 points to end at 276.60 and First Gen Corp (PS:FGEN) shed 2.18% or 0.50 points to 22.40.
Advancing stocks outnumbered falling ones by 94 to 82 and 59 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.18% or 2.25 to $1247.45 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.44% or 0.21 to hit $48.25 a barrel, while the May Brent oil contract rose 0.38% or 0.19 to trade at $50.83 a barrel.
CNY/PHP was down 0.03% to 7.3076, while USD/PHP rose 0.06% to 50.340.
The US Dollar Index Futures was up 0.10% at 99.58.