Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Holding Firms and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.56% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 3.27% or 70.000 points to trade at 2210.000 at the close. Sm Prime Hldgs (PS:SMPH) added 3.19% or 0.650 points to end at 21.050 and Lt Group (PS:LTG) was up 2.81% or 0.460 points to 16.840 in late trade.
Biggest losers included Gt Capital Hol (PS:GTCAP), which lost 2.46% or 34.000 points to trade at 1346.000 in late trade. First Gen (PS:FGEN) declined 1.45% or 0.45 points to end at 30.50 and Bdo Unibank (PS:BDO) shed 0.91% or 1.10 points to 119.90.
Declining stocks outnumbered rising ones by 109 to 90 and 16 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.77% or 9.40 to $1209.20 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.45% or 0.76 to hit $51.38 a barrel, while the May Brent oil contract fell 1.31% or 0.76 to trade at $57.36 a barrel.
CNY/PHP was up 0.32% to 7.1860, while USD/PHP rose 0.38% to 44.555.
The US Dollar Index was up 0.58% at 97.77.