Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Services and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.93%.
The biggest gainers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 5.33% or 1.20 points to trade at 23.70 at the close. Megaworld Corp (PS:MEG) added 4.73% or 0.210 points to end at 4.650 and Phi Long Dis T (PS:TEL) was up 4.59% or 94.00 points to 2144.00 in late trade.
Biggest losers included Universal Robi (PS:URC), which lost 4.11% or 8.300 points to trade at 193.700 in late trade. San Miguel Cor (PS:SMC) declined 0.75% or 0.350 points to end at 46.800 and Aboitiz Power (PS:AP) shed 0.71% or 0.30 points to 41.70.
Advancing stocks outnumbered falling ones by 111 to 69 and 15 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.41% or 4.40 to $1069.70 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.44% or 0.18 to hit $41.84 a barrel, while the January Brent oil contract rose 0.53% or 0.23 to trade at $44.78 a barrel.
CNY/PHP was up 0.04% to 7.3725, while USD/PHP rose 0.00% to 47.176.
The US Dollar Index was down 0.22% at 100.05.