Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Mining & Oil, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 1.25%.
The biggest gainers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 5.16% or 1.55 points to trade at 31.60 at the close. Bank of the Philippine Islands (PS:BPI) added 5.01% or 5.20 points to end at 109.00 and Jollibee Foods Corp (PS:JFC) was up 3.59% or 10.40 points to 300.00 in late trade.
Biggest losers included Manila Electric Co (PS:MER), which lost 0.91% or 3.00 points to trade at 325.00 in late trade. Security Bank Corp (PS:SECB) declined 0.79% or 1.80 points to end at 224.80 and Metro Pacific Investments Corp (PS:MPI) shed 0.58% or 0.030 points to 5.150.
Advancing stocks outnumbered falling ones by 107 to 94 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.54% or 7.40 to $1352.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.10% or 0.07 to hit $66.75 a barrel, while the June Brent oil contract fell 0.24% or 0.17 to trade at $71.89 a barrel.
CNY/PHP was down 0.07% to 8.2851, while USD/PHP rose 0.09% to 52.041.
The US Dollar Index Futures was up 0.09% at 89.30.