Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Property, Services and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.62% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 3.72% or 29.00 points to trade at 809.50 at the close. DMCI Holdings Inc (PS:DMC) added 3.55% or 0.500 points to end at 14.600 and Alliance Global Group Inc (PS:AGI) was up 3.38% or 0.480 points to 14.680 in late trade.
Biggest losers included Aboitiz Equity Ventures Inc (PS:AEV), which lost 2.70% or 2.050 points to trade at 73.900 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.56% or 2.100 points to end at 80.000 and GT Capital Holdings Inc (PS:GTCAP) shed 2.05% or 25.00 points to 1195.00.
Advancing stocks outnumbered falling ones by 119 to 86 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.13% or 1.66 to $1295.84 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.66% or 0.32 to hit $47.87 a barrel, while the August Brent oil contract fell 0.78% or 0.39 to trade at $49.73 a barrel.
CNY/PHP was down 0.08% to 7.2863, while USD/PHP fell 0.10% to 49.500.
The US Dollar Index Futures was up 0.12% at 96.62.