Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Services, Industrials and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.88%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 5.42% or 3.900 points to trade at 75.900 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 4.18% or 3.25 points to end at 81.00 and First Gen Corp (PS:FGEN) was up 3.45% or 0.80 points to 24.00 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 1.46% or 1.050 points to trade at 70.800 in late trade. Manila Electric Co (PS:MER) declined 1.07% or 3.000 points to end at 278.000 and Petron Corp (PS:PCOR) shed 1.03% or 0.100 points to 9.600.
Advancing stocks outnumbered falling ones by 134 to 54 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 1.24% or 15.85 to $1289.35 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.42% or 0.19 to hit $45.46 a barrel, while the January Brent oil contract rose 0.88% or 0.41 to trade at $46.77 a barrel.
CNY/PHP was down 0.71% to 7.1768, while USD/PHP rose 0.26% to 48.740.
The US Dollar Index was down 0.19% at 98.47.