Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.92% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 6.53% or 0.660 points to trade at 10.760 at the close. SM Prime Holdings Inc (PS:SMPH) added 3.89% or 1.100 points to end at 29.400 and Metropolitan Bank and Trust Co (PS:MBT) was up 3.25% or 2.95 points to 93.80 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 2.46% or 0.170 points to trade at 6.750 in late trade. Philex Mining Corp (PS:PX) declined 1.25% or 0.110 points to end at 8.710 and Philippine Long Distance Telephone Company (PS:TEL) shed 0.96% or 20.00 points to 2074.00.
Advancing stocks outnumbered falling ones by 109 to 80 and 59 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.08% or 1.05 to $1357.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.03% or 0.46 to hit $45.22 a barrel, while the September Brent oil contract rose 1.28% or 0.59 to trade at $46.84 a barrel.
CNY/PHP was up 0.12% to 7.0815, while USD/PHP rose 0.10% to 47.340.
The US Dollar Index was down 0.47% at 96.13.