Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Services, Mining & Oil and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.34% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 3.37% or 70.00 points to trade at 2150.00 at the close. Alliance Global Group Inc (PS:AGI) added 2.19% or 0.320 points to end at 14.920 and PLDT Inc (PS:TEL) was up 1.70% or 30.00 points to 1795.00 in late trade.
Biggest losers included Aboitiz Equity Ventures Inc (PS:AEV), which lost 0.97% or 0.750 points to trade at 76.900 in late trade. First Gen Corp (PS:FGEN) declined 0.92% or 0.20 points to end at 21.50 and Metropolitan Bank and Trust Co (PS:MBT) shed 0.58% or 0.50 points to 85.50.
Advancing stocks outnumbered falling ones by 98 to 80 and 55 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.09% or 1.09 to $1266.11 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.06% or 0.03 to hit $49.53 a barrel, while the July Brent oil contract fell 0.04% or 0.02 to trade at $52.55 a barrel.
CNY/PHP was up 0.05% to 7.2190, while USD/PHP rose 0.11% to 49.724.
The US Dollar Index Futures was up 0.15% at 98.87.