Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Holding Firms and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 1.80%.
The biggest gainers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 4.96% or 1.700 points to trade at 35.950 at the close. PLDT Inc (PS:TEL) added 3.37% or 42.00 points to end at 1290.00 and Manila Electric Co (PS:MER) was up 3.31% or 11.40 points to 355.60 in late trade.
Biggest losers included San Miguel Corp (PS:SMC), which lost 0.72% or 1.00 points to trade at 138.00 in late trade. DMCI Holdings Inc (PS:DMC) declined 0.38% or 0.040 points to end at 10.500 and Petron Corp (PS:PCOR) shed 0.11% or 0.010 points to 8.880.
Advancing stocks outnumbered falling ones by 120 to 78 and 44 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was up 0.01% or 0.10 to $1251.10 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.23% or 0.17 to hit $73.28 a barrel, while the September Brent oil contract rose 0.40% or 0.31 to trade at $77.92 a barrel.
CNY/PHP was down 0.33% to 8.0573, while USD/PHP fell 0.17% to 53.385.
The US Dollar Index Futures was down 0.43% at 94.59.