Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Holding Firms and Services 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 San Miguel Corp (PS:SMC), which rose 4.29% or 3.900 points to trade at 94.900 at the close. Security Bank Corp (PS:SECB) added 3.82% or 7.40 points to end at 201.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.69% or 2.00 points to 76.40 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 3.57% or 1.000 points to trade at 27.000 in late trade. Petron Corp (PS:PCOR) declined 1.81% or 0.180 points to end at 9.780 and SM Prime Holdings Inc (PS:SMPH) shed 1.57% or 0.450 points to 28.200.
Advancing stocks outnumbered falling ones by 101 to 68 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.17% or 2.05 to $1170.35 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.18% or 0.60 to hit $51.44 a barrel, while the February Brent oil contract rose 0.85% or 0.46 to trade at $54.35 a barrel.
CNY/PHP was down 0.16% to 7.2123, while USD/PHP rose 0.13% to 49.766.
The US Dollar Index was up 0.05% at 101.16.