Investing.com – Philippines equities were higher at the close on Friday, as gains in the Holding Firms, Banking & Financials and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.53% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Ayala Corp (PS:AC), which rose 5.28% or 41.500 points to trade at 828.000 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 5.20% or 4.30 points to end at 87.00 and JG Summit Holdings Inc (PS:JGS) was up 4.95% or 4.300 points to 91.100 in late trade.
Biggest losers included SM Prime Holdings Inc (PS:SMPH), which lost 4.42% or 1.100 points to trade at 23.800 in late trade. Energy Development Corp (PS:EDC) declined 1.52% or 0.090 points to end at 5.850 and Philex Mining Corp (PS:PX) shed 1.27% or 0.080 points to 6.220.
Advancing stocks outnumbered falling ones by 109 to 77 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.33% or 4.20 to $1275.40 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.16% or 0.54 to hit $46.16 a barrel, while the July Brent oil contract fell 0.71% or 0.34 to trade at $47.74 a barrel.
CNY/PHP was up 0.10% to 7.1536, while USD/PHP rose 0.15% to 46.640.
The US Dollar Index was up 0.20% at 94.30.