Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Banking & Financials, Industrials and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.30%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom (PS:GLO), which rose 7.56% or 176.000 points to trade at 2504.000 at the close. Robinsons Land (PS:RLC) added 2.92% or 0.850 points to end at 30.000 and Metropolitan B (PS:MBT) was up 2.39% or 2.20 points to 94.20 in late trade.
Biggest losers included Bloomberry Res (PS:BLOOM), which lost 12.97% or 1.580 points to trade at 10.600 in late trade. Megaworld Corp (PS:MEG) declined 2.04% or 0.110 points to end at 5.280 and Alliance Globa (PS:AGI) shed 1.84% or 0.450 points to 24.050.
Declining stocks outnumbered rising ones by 120 to 81 and 14 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.27% or 3.30 to $1214.90 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.50% or 0.30 to hit $60.20 a barrel, while the July Brent oil contract fell 0.25% or 0.17 to trade at $67.11 a barrel.
CNY/PHP was up 0.08% to 7.1873, while USD/PHP fell 0.38% to 44.568.
The US Dollar Index was down 0.43% at 93.34.