Investing.com – Philippines equities were higher at the close on Friday, as gains in the Services, Property and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.54% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 6.25% or 99.000 points to trade at 1684.000 at the close. Aboitiz Equity Ventures Inc (PS:AEV) added 3.17% or 2.300 points to end at 74.800 and International Container Terminal Services Inc (PS:ICT) was up 2.92% or 2.100 points to 73.900 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 5.34% or 0.550 points to trade at 9.750 in late trade. DMCI Holdings Inc (PS:DMC) declined 2.67% or 0.360 points to end at 13.100 and GT Capital Holdings Inc (PS:GTCAP) shed 0.96% or 13.000 points to 1337.000.
Declining stocks outnumbered rising ones by 101 to 98 and 37 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.39% or 4.65 to $1176.65 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.02% or 0.01 to hit $53.77 a barrel, while the March Brent oil contract rose 0.02% or 0.01 to trade at $56.90 a barrel.
CNY/PHP was down 0.37% to 7.1526, while USD/PHP rose 0.14% to 49.525.
The US Dollar Index was up 0.25% at 101.64.