Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Industrials, Holding Firms and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.44%.
The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 6.51% or 0.390 points to trade at 6.380 at the close. Universal Robina Corp (PS:URC) added 4.67% or 7.000 points to end at 157.000 and Petron Corp (PS:PCOR) was up 4.38% or 0.420 points to 10.000 in late trade.
Biggest losers included Security Bank Corp (PS:SECB), which lost 2.75% or 5.50 points to trade at 194.50 in late trade. First Gen Corp (PS:FGEN) declined 1.80% or 0.40 points to end at 21.80 and International Container Terminal Services Inc (PS:ICT) shed 1.79% or 1.250 points to 68.600.
Advancing stocks outnumbered falling ones by 89 to 77 and 57 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 1.03% or 11.65 to $1145.25 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.57% or 0.30 to hit $53.32 a barrel, while the March Brent oil contract rose 0.25% or 0.14 to trade at $56.04 a barrel.
CNY/PHP was down 0.05% to 7.1643, while USD/PHP fell 0.02% to 49.777.
The US Dollar Index was up 0.07% at 103.02.