Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Holding Firms, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.59% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 2.94% or 28.00 points to trade at 980.00 at the close. Security Bank Corp (PS:SECB) added 2.69% or 7.00 points to end at 266.80 and GT Capital Holdings Inc (PS:GTCAP) was up 2.46% or 30.00 points to 1250.00 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 2.01% or 3.00 points to trade at 146.00 in late trade. Ayala Land Inc (PS:ALI) declined 1.96% or 0.850 points to end at 42.500 and Bank of the Philippine Islands (PS:BPI) shed 1.90% or 1.90 points to 98.00.
Declining stocks outnumbered rising ones by 119 to 89 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was down 0.82% or 10.74 to $1292.26 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.48% or 0.25 to hit $52.12 a barrel, while the December Brent oil contract rose 0.48% or 0.28 to trade at $58.10 a barrel.
CNY/PHP was down 0.28% to 7.7549, while USD/PHP rose 0.09% to 51.312.
The US Dollar Index Futures was up 0.15% at 93.28.