Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Services, Property and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.37%.
The biggest gainers of the session on the PSEi Composite were Metro Pacifi I (PS:MPI), which rose 2.61% or 0.120 points to trade at 4.740 at the close. Megaworld Corp (PS:MEG) added 2.42% or 0.110 points to end at 4.640 and Globe Telecom (PS:GLO) was up 1.34% or 34.000 points to 2572.000 in late trade.
Biggest losers included First Gen (PS:FGEN), which lost 1.32% or 0.35 points to trade at 26.10 in late trade. Bloomberry Res (PS:BLOOM) declined 1.02% or 0.100 points to end at 9.900 and Philex Mining (PS:PX) shed 0.55% or 0.030 points to 5.450.
Declining stocks outnumbered rising ones by 95 to 87 and 21 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.69% or 7.50 to $1085.80 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.13% or 0.07 to hit $48.85 a barrel, while the September Brent oil contract rose 0.68% or 0.36 to trade at $53.74 a barrel.
CNY/PHP was up 0.26% to 7.3466, while USD/PHP rose 0.27% to 45.620.
The US Dollar Index was up 0.15% at 97.37.