Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Holding Firms, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.21% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 4.96% or 60.00 points to trade at 1270.00 at the close. SM Prime Holdings Inc (PS:SMPH) added 3.56% or 1.300 points to end at 37.800 and Metro Pacific Investments Corp (PS:MPI) was up 3.08% or 0.200 points to 6.700 in late trade.
Biggest losers included Semirara Mining Corp (PS:SCC), which lost 2.12% or 0.80 points to trade at 37.00 in late trade. Ayala Land Inc (PS:ALI) declined 1.48% or 0.650 points to end at 43.300 and Jollibee Foods Corp (PS:JFC) shed 1.21% or 3.00 points to 244.00.
Advancing stocks outnumbered falling ones by 110 to 102 and 33 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.72% or 9.00 to $1257.60 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.42% or 0.24 to hit $56.84 a barrel, while the February Brent oil contract rose 0.75% or 0.47 to trade at $62.91 a barrel.
CNY/PHP was up 0.39% to 7.6379, while USD/PHP rose 0.26% to 50.475.
The US Dollar Index Futures was down 0.01% at 93.39.