Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Holding Firms and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.85%.
The best performers of the session on the PSEi Composite were Ayala Land (PS:ALI), which rose 3.80% or 1.400 points to trade at 37.900 at the close. Meanwhile, Lt Group (PS:LTG) added 3.04% or 0.460 points to end at 15.600 and Alliance Globa (PS:AGI) was up 2.66% or 0.600 points to 23.050 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 1.63% or 0.080 points to trade at 4.850 at the close. Jollibee Foods (PS:JFC) declined 1.34% or 2.600 points to end at 192.000 and Bloomberry Res (PS:BLOOM) was down 1.03% or 0.100 points to 9.650.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 98 to 83 and 12 ended unchanged.
Gold for December delivery was down 0.57% or 6.20 to $1084.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.36% or 0.17 to hit $45.91 a barrel, while the September Brent oil contract rose 0.31% or 0.15 to trade at $50.15 a barrel.
CNY/PHP was up 0.23% to 7.3683, while USD/PHP rose 0.23% to 45.755.
The US Dollar Index was up 0.17% at 98.21.