Investing.com – Philippines equities were higher at the close on Friday, as gains in the Holding Firms, Mining & Oil and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.36%.
The biggest gainers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 6.22% or 18.40 points to trade at 314.20 at the close. Metro Pacific Investments Corp (PS:MPI) added 5.47% or 0.250 points to end at 4.820 and Aboitiz Equity Ventures Inc (PS:AEV) was up 4.11% or 2.750 points to 69.600 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 2.03% or 1.750 points to trade at 84.250 in late trade. Bank of the Philippine Islands (PS:BPI) declined 1.90% or 2.00 points to end at 103.00 and Aboitiz Power Corp (PS:AP) shed 0.64% or 0.25 points to 38.70.
Advancing stocks outnumbered falling ones by 124 to 68 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.02% or 0.30 to $1318.20 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.41% or 0.28 to hit $67.91 a barrel, while the June Brent oil contract fell 0.32% or 0.24 to trade at $74.50 a barrel.
CNY/PHP was up 0.27% to 8.1929, while USD/PHP fell 0.07% to 51.930.
The US Dollar Index Futures was up 0.31% at 91.67.