Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Banking & Financials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.11% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 3.21% or 1.000 points to trade at 32.200 at the close. San Miguel Corp (PS:SMC) added 2.86% or 3.00 points to end at 108.00 and Universal Robina Corp (PS:URC) was up 2.80% or 5.00 points to 183.30 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 2.07% or 0.190 points to trade at 9.000 in late trade. Aboitiz Power Corp (PS:AP) declined 1.79% or 0.75 points to end at 41.20 and Aboitiz Equity Ventures Inc (PS:AEV) shed 1.63% or 1.250 points to 75.500.
Advancing stocks outnumbered falling ones by 107 to 93 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.44% or 5.36 to $1233.96 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.57% or 0.26 to hit $45.78 a barrel, while the July Brent oil contract rose 0.87% or 0.42 to trade at $48.80 a barrel.
CNY/PHP was up 0.05% to 7.2365, while USD/PHP rose 0.09% to 49.955.
The US Dollar Index Futures was up 0.08% at 98.69.