Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Industrials, Property and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.37% to hit a new 3-month high.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 3.32% or 0.460 points to trade at 14.320 at the close. SM Prime Holdings Inc (PS:SMPH) added 2.37% or 0.700 points to end at 30.200 and Megaworld Corp (PS:MEG) was up 2.27% or 0.090 points to 4.050 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 2.33% or 0.50 points to trade at 20.95 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 2.31% or 2.00 points to end at 84.50 and Ayala Land Inc (PS:ALI) shed 1.13% or 0.400 points to 35.000.
Advancing stocks outnumbered falling ones by 113 to 63 and 60 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.15% or 1.85 to $1276.05 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.43% or 0.23 to hit $53.63 a barrel, while the June Brent oil contract rose 0.46% or 0.26 to trade at $56.49 a barrel.
CNY/PHP was down 0.23% to 7.1734, while USD/PHP fell 0.39% to 49.446.
The US Dollar Index Futures was down 0.06% at 100.57.