Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Holding Firms, Mining & Oil and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.15% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 2.65% or 0.230 points to trade at 8.900 at the close. Alliance Global Group Inc (PS:AGI) added 2.56% or 0.400 points to end at 16.000 and Robinsons Land Corp (PS:RLC) was up 2.29% or 0.700 points to 31.300 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 3.37% or 0.230 points to trade at 6.600 in late trade. Energy Development Corp (PS:EDC) declined 0.88% or 0.050 points to end at 5.650 and DMCI Holdings Inc (PS:DMC) shed 0.78% or 0.100 points to 12.700.
Advancing stocks outnumbered falling ones by 117 to 72 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 1.16% or 15.55 to $1328.05 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.85% or 0.38 to hit $45.13 a barrel, while the September Brent oil contract rose 0.80% or 0.37 to trade at $46.63 a barrel.
CNY/PHP was down 0.40% to 7.0333, while USD/PHP fell 0.31% to 47.040.
The US Dollar Index was down 0.05% at 96.31.