Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Banking & Financials, Industrials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.13%.
The biggest gainers of the session on the PSEi Composite were Metro Pacifi I (PS:MPI), which rose 3.80% or 0.160 points to trade at 4.370 at the close. Jollibee Foods (PS:JFC) added 1.87% or 3.700 points to end at 202.000 and Globe Telecom (PS:GLO) was up 1.46% or 38.000 points to 2642.000 in late trade.
Biggest losers included San Miguel Cor (PS:SMC), which lost 3.77% or 2.450 points to trade at 62.550 in late trade. Gt Capital Hol (PS:GTCAP) declined 2.21% or 30.000 points to end at 1330.000 and Semirara Minin (PS:SCC) shed 1.97% or 3.0000 points to 149.0000.
Declining stocks outnumbered rising ones by 119 to 74 and 16 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.42% or 5.00 to $1189.40 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.83% or 0.51 to hit $60.75 a barrel, while the July Brent oil contract fell 0.42% or 0.28 to trade at $65.22 a barrel.
CNY/PHP was up 0.20% to 7.2256, while USD/PHP rose 0.20% to 44.785.
The US Dollar Index was up 0.11% at 96.10.