Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Banking & Financials, Holding Firms and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 1.22%.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 5.32% or 5.00 points to trade at 99.00 at the close. DMCI Holdings Inc (PS:DMC) added 3.70% or 0.380 points to end at 10.660 and Aboitiz Equity Ventures Inc (PS:AEV) was up 3.12% or 1.950 points to 64.500 in late trade.
Biggest losers included Semirara Mining Corp (PS:SCC), which lost 2.59% or 0.75 points to trade at 28.20 in late trade. Petron Corp (PS:PCOR) declined 1.28% or 0.120 points to end at 9.280 and Ayala Corp (PS:AC) shed 0.84% or 8.00 points to 942.00.
Declining stocks outnumbered rising ones by 109 to 74 and 57 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.55% or 7.10 to $1296.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.43% or 0.31 to hit $71.53 a barrel, while the July Brent oil contract fell 0.58% or 0.46 to trade at $79.34 a barrel.
CNY/PHP was up 0.48% to 8.2384, while USD/PHP rose 0.23% to 52.593.
The US Dollar Index Futures was down 0.29% at 93.64.