Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Mining & Oil, Property and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.30%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.44% or 1.250 points to trade at 37.600 at the close. Semirara Mining Corp (PS:SCC) added 2.76% or 3.9000 points to end at 145.0000 and Ayala Corp (PS:AC) was up 1.64% or 13.000 points to 805.000 in late trade.
Biggest losers included San Miguel Corp (PS:SMC), which lost 2.25% or 2.400 points to trade at 104.200 in late trade. Petron Corp (PS:PCOR) declined 2.20% or 0.200 points to end at 8.900 and Jollibee Foods Corp (PS:JFC) shed 2.04% or 4.200 points to 201.800.
Declining stocks outnumbered rising ones by 99 to 89 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.21% or 2.55 to $1236.35 a troy ounce. Meanwhile, Crude oil for delivery in April unchanged 0.00% or 0.00 to hit $54.33 a barrel, while the April Brent oil contract fell 0.11% or 0.06 to trade at $56.60 a barrel.
CNY/PHP was up 0.05% to 7.3059, while USD/PHP fell 0.03% to 50.250.
The US Dollar Index Futures was up 0.12% at 101.57.