Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Banking & Financials, Mining & Oil and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.52% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 3.94% or 3.90 points to trade at 102.90 at the close. Globe Telecom Inc (PS:GLO) added 2.78% or 50.00 points to end at 1850.00 and Jollibee Foods Corp (PS:JFC) was up 2.09% or 5.20 points to 254.00 in late trade.
Biggest losers included SM Investments Corp (PS:SM), which lost 0.96% or 9.50 points to trade at 980.00 in late trade. Security Bank Corp (PS:SECB) declined 0.79% or 2.00 points to end at 252.20 and Ayala Corp (PS:AC) shed 0.68% or 7.00 points to 1022.00.
Advancing stocks outnumbered falling ones by 107 to 105 and 37 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.29% or 3.80 to $1295.20 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.32% or 0.19 to hit $59.83 a barrel, while the March Brent oil contract rose 0.35% or 0.23 to trade at $66.22 a barrel.
CNY/PHP was up 0.17% to 7.6433, while USD/PHP fell 0.23% to 49.933.
The US Dollar Index Futures was down 0.30% at 92.38.