Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Holding Firms and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.08%.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 7.39% or 8.50 points to trade at 123.50 at the close. GT Capital Holdings Inc (PS:GTCAP) added 6.34% or 83.00 points to end at 1392.00 and Megaworld Corp (PS:MEG) was up 3.64% or 0.180 points to 5.130 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 1.48% or 0.300 points to trade at 20.000 in late trade. DMCI Holdings Inc (PS:DMC) declined 1.08% or 0.160 points to end at 14.640 and Security Bank Corp (PS:SECB) shed 0.64% or 1.60 points to 250.00.
Declining stocks outnumbered rising ones by 127 to 104 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.70% or 9.30 to $1336.50 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.14% or 0.73 to hit $63.22 a barrel, while the March Brent oil contract fell 1.08% or 0.75 to trade at $68.56 a barrel.
CNY/PHP was up 0.25% to 7.9269, while USD/PHP fell 0.04% to 50.757.
The US Dollar Index Futures was down 0.24% at 90.09.