Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Industrials, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.41%.
The biggest gainers of the session on the PSEi Composite were Universal Robi (PS:URC), which rose 5.49% or 10.000 points to trade at 192.000 at the close. Jg Summit (PS:JGS) added 4.19% or 2.800 points to end at 69.700 and Metro Pacifi I (PS:MPI) was up 3.84% or 0.170 points to 4.600 in late trade.
Biggest losers included Petron (PS:PCOR), which lost 4.74% or 0.420 points to trade at 8.450 in late trade. San Miguel Cor (PS:SMC) declined 2.89% or 1.800 points to end at 60.500 and Dmci Holdings (PS:DMC) shed 2.46% or 0.340 points to 13.500.
Declining stocks outnumbered rising ones by 94 to 80 and 22 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.14% or 1.60 to $1179.30 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.93% or 0.56 to hit $61.01 a barrel, while the August Brent oil contract rose 0.98% or 0.62 to trade at $64.33 a barrel.
CNY/PHP was down 0.06% to 7.2662, while USD/PHP fell 0.04% to 45.120.
The US Dollar Index was down 0.14% at 95.08.