Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Property, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.29%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 4.96% or 0.470 points to trade at 9.940 at the close. First Gen Corp (PS:FGEN) added 3.97% or 0.80 points to end at 20.95 and Ayala Land Inc (PS:ALI) was up 2.07% or 0.800 points to 39.400 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 4.39% or 1.100 points to trade at 23.950 in late trade. Universal Robina Corp (PS:URC) declined 3.74% or 6.50 points to end at 167.50 and Metropolitan Bank and Trust Co (PS:MBT) shed 2.65% or 2.30 points to 84.50.
Advancing stocks outnumbered falling ones by 107 to 94 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.24% or 2.94 to $1221.84 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.23% or 0.58 to hit $47.91 a barrel, while the July Brent oil contract rose 1.10% or 0.55 to trade at $50.77 a barrel.
CNY/PHP was down 0.24% to 7.2175, while USD/PHP fell 0.25% to 49.840.
The US Dollar Index Futures was down 0.05% at 99.45.