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 gained 0.11%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.15% or 44.00 points to trade at 2094.00 at the close. Metro Pacific Investments Corp (PS:MPI) added 2.09% or 0.140 points to end at 6.840 and LT Group Inc (PS:LTG) was up 1.96% or 0.340 points to 17.700 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 3.01% or 2.65 points to trade at 85.35 in late trade. Energy Development Corp (PS:EDC) declined 2.68% or 0.160 points to end at 5.810 and First Gen Corp (PS:FGEN) shed 2.18% or 0.40 points to 17.94.
Declining stocks outnumbered rising ones by 141 to 65 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.14% or 1.80 to $1252.50 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.39% or 0.18 to hit $46.52 a barrel, while the September Brent oil contract rose 0.37% or 0.18 to trade at $48.78 a barrel.
CNY/PHP was down 0.35% to 7.4883, while USD/PHP fell 0.34% to 50.570.
The US Dollar Index Futures was down 0.02% at 93.80.