Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Services, Property and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.21% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 4.62% or 4.400 points to trade at 99.550 at the close. Megaworld Corp (PS:MEG) added 4.53% or 0.170 points to end at 3.920 and Manila Electric Co (PS:MER) was up 3.67% or 10.200 points to 288.000 in late trade.
Biggest losers included BDO Unibank Inc (PS:BDO), which lost 0.87% or 1.00 points to trade at 113.80 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 0.83% or 11.000 points to end at 1320.000 and LT Group Inc (PS:LTG) shed 0.62% or 0.080 points to 12.800.
Advancing stocks outnumbered falling ones by 127 to 73 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.00% or 0.05 to $1184.95 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.31% or 0.16 to hit $52.12 a barrel, while the March Brent oil contract rose 0.25% or 0.14 to trade at $55.08 a barrel.
CNY/PHP was up 0.01% to 7.1495, while USD/PHP fell 0.26% to 49.500.
The US Dollar Index was down 0.20% at 101.72.