Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Industrials, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.33%.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 2.97% or 4.90 points to trade at 170.00 at the close. Jollibee Foods Corp (PS:JFC) added 2.59% or 5.20 points to end at 206.20 and Ayala Land Inc (PS:ALI) was up 2.23% or 0.850 points to 38.950 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 1.25% or 15.00 points to trade at 1185.00 in late trade. Semirara Mining Corp (PS:SCC) declined 1.24% or 2.00 points to end at 158.80 and SM Investments Corp (PS:SM) shed 0.95% or 7.50 points to 780.50.
Declining stocks outnumbered rising ones by 97 to 95 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.21% or 2.69 to $1252.81 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.58% or 0.30 to hit $51.77 a barrel, while the July Brent oil contract rose 0.61% or 0.33 to trade at $54.48 a barrel.
CNY/PHP was up 0.10% to 7.2445, while USD/PHP rose 0.20% to 49.935.
The US Dollar Index Futures was down 0.10% at 97.18.