Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Services, Mining & Oil and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.14%.
The biggest gainers of the session on the PSEi Composite were Bloomberry Res (PS:BLOOM), which rose 4.65% or 0.400 points to trade at 9.100 at the close. Megaworld Corp (PS:MEG) added 2.52% or 0.120 points to end at 4.880 and Dmci Holdings (PS:DMC) was up 2.27% or 0.300 points to 13.500 in late trade.
Biggest losers included First Gen (PS:FGEN), which lost 2.96% or 0.80 points to trade at 26.50 in late trade. Metro Pacifi I (PS:MPI) declined 1.48% or 0.070 points to end at 4.670 and Energy Develop (PS:EDC) shed 1.20% or 0.090 points to 7.420.
Advancing stocks outnumbered falling ones by 92 to 86 and 16 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.14% or 1.60 to $1173.40 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.56% or 0.93 to hit $58.55 a barrel, while the August Brent oil contract fell 1.25% or 0.80 to trade at $62.80 a barrel.
CNY/PHP was up 0.06% to 7.2759, while USD/PHP rose 0.08% to 45.125.
The US Dollar Index was up 0.24% at 95.98.