Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Mining & Oil and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.44%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 2.86% or 1.100 points to trade at 39.500 at the close. SM Investments Corp (PS:SM) added 2.15% or 14.500 points to end at 689.500 and Energy Development Corp (PS:EDC) was up 2.09% or 0.120 points to 5.870 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 1.68% or 3.100 points to trade at 180.900 in late trade. Petron Corp (PS:PCOR) declined 1.59% or 0.160 points to end at 9.920 and First Gen Corp (PS:FGEN) shed 1.55% or 0.40 points to 25.40.
Advancing stocks outnumbered falling ones by 115 to 72 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.26% or 3.45 to $1313.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.42% or 0.18 to hit $43.34 a barrel, while the November Brent oil contract rose 0.46% or 0.21 to trade at $45.66 a barrel.
CNY/PHP was down 0.16% to 6.9889, while USD/PHP fell 0.08% to 46.685.
The US Dollar Index was up 0.15% at 95.80.