Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Mining & Oil and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.23%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.87% or 1.450 points to trade at 38.900 at the close. Petron Corp (PS:PCOR) added 3.20% or 0.320 points to end at 10.320 and Alliance Global Group Inc (PS:AGI) was up 3.13% or 0.460 points to 15.160 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 2.88% or 2.450 points to trade at 82.500 in late trade. PLDT Inc (PS:TEL) declined 2.86% or 48.00 points to end at 1631.00 and Energy Development Corp (PS:EDC) shed 1.34% or 0.080 points to 5.910.
Declining stocks outnumbered rising ones by 104 to 93 and 49 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.30% or 3.67 to $1233.67 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.76% or 0.37 to hit $49.22 a barrel, while the July Brent oil contract rose 0.79% or 0.41 to trade at $52.23 a barrel.
CNY/PHP was up 0.08% to 7.2153, while USD/PHP fell 0.02% to 49.691.
The US Dollar Index Futures was down 0.43% at 98.39.