Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Banking & Financials, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.48%.
The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 5.06% or 6.60 points to trade at 137.00 at the close. DMCI Holdings Inc (PS:DMC) added 4.98% or 0.540 points to end at 11.380 and Universal Robina Corp (PS:URC) was up 3.51% or 4.40 points to 129.90 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 1.75% or 23.00 points to trade at 1291.00 in late trade. Aboitiz Power Corp (PS:AP) declined 1.67% or 0.65 points to end at 38.35 and San Miguel Corp (PS:SMC) shed 0.63% or 0.90 points to 141.00.
Advancing stocks outnumbered falling ones by 119 to 75 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.02% or 0.30 to $1301.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.29% or 0.19 to hit $64.92 a barrel, while the August Brent oil contract rose 0.45% or 0.34 to trade at $75.70 a barrel.
CNY/PHP was up 0.40% to 8.2105, while USD/PHP rose 0.08% to 52.501.
The US Dollar Index Futures was down 0.31% at 93.32.