Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Mining & Oil and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.45% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Alliance Globa (PS:AGI), which rose 7.70% or 1.320 points to trade at 18.460 at the close. Ayala Land (PS:ALI) added 3.44% or 1.250 points to end at 37.600 and Philex Mining (PS:PX) was up 2.06% or 0.100 points to 4.960 in late trade.
Biggest losers included Globe Telecom (PS:GLO), which lost 1.75% or 40.000 points to trade at 2242.000 in late trade. Phi Long Dis T (PS:TEL) declined 1.74% or 40.00 points to end at 2260.00 and Lt Group (PS:LTG) shed 1.70% or 0.200 points to 11.580.
Advancing stocks outnumbered falling ones by 112 to 80 and 12 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.67% or 7.70 to $1152.00 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.22% or 0.60 to hit $50.03 a barrel, while the November Brent oil contract rose 0.87% or 0.46 to trade at $53.51 a barrel.
CNY/PHP was down 0.33% to 7.2331, while USD/PHP fell 0.46% to 45.899.
The US Dollar Index was down 0.30% at 95.11.