Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Mining & Oil, Industrials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.23% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Semirara Minin (PS:SCC), which rose 6.66% or 7.4000 points to trade at 118.0000 at the close. Dmci Holdings (PS:DMC) added 5.37% or 0.640 points to end at 12.500 and Universal Robi (PS:URC) was up 2.08% or 3.800 points to 186.700 in late trade.
Biggest losers included Sm Investment (PS:SM), which lost 0.82% or 7.500 points to trade at 902.000 in late trade. Gt Capital Hol (PS:GTCAP) declined 0.64% or 9.000 points to end at 1406.000 and Petron (PS:PCOR) shed 0.61% or 0.050 points to 8.200.
Advancing stocks outnumbered falling ones by 97 to 78 and 24 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 1.15% or 12.50 to $1104.00 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.41% or 0.20 to hit $49.39 a barrel, while the September Brent oil contract rose 0.12% or 0.07 to trade at $56.20 a barrel.
CNY/PHP was up 0.24% to 7.3034, while USD/PHP rose 0.24% to 45.350.
The US Dollar Index was down 0.50% at 97.14.