Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.08% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 4.13% or 3.000 points to trade at 75.700 at the close. SM Prime Holdings Inc (PS:SMPH) added 3.73% or 1.250 points to end at 34.800 and Robinsons Land Corp (PS:RLC) was up 3.12% or 0.750 points to 24.800 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 5.03% or 4.60 points to trade at 86.90 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 2.85% or 35.00 points to end at 1195.00 and First Gen Corp (PS:FGEN) shed 1.28% or 0.24 points to 18.50.
Declining stocks outnumbered rising ones by 120 to 82 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.11% or 1.37 to $1246.87 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.43% or 0.20 to hit $47.12 a barrel, while the September Brent oil contract rose 0.47% or 0.23 to trade at $49.53 a barrel.
CNY/PHP was down 0.05% to 7.4942, while USD/PHP fell 0.36% to 50.710.
The US Dollar Index Futures was down 0.10% at 93.99.