Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Mining & Oil, Services and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.27%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 3.29% or 0.190 points to trade at 5.970 at the close. Meanwhile, Dmci Holdings (PS:DMC) added 2.13% or 0.280 points to end at 13.420 and Globe Telecom (PS:GLO) was up 1.79% or 44.000 points to 2500.000 in late trade.
The worst performers of the session were Universal Robi (PS:URC), which fell 1.67% or 3.200 points to trade at 187.000 at the close. Jg Summit (PS:JGS) declined 1.04% or 0.750 points to end at 71.700 and Ayala Land (PS:ALI) was down 0.39% or 0.150 points to 38.300.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 109 to 74 and 16 ended unchanged.
Gold for August delivery was down 0.01% or 0.10 to $1153.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.58% or 0.30 to hit $52.73 a barrel, while the September Brent oil contract fell 0.72% or 0.42 to trade at $58.26 a barrel.
CNY/PHP was up 0.25% to 7.2940, while USD/PHP rose 0.25% to 45.290.
The US Dollar Index was down 0.05% at 96.76.