Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Property, Industrials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.25%.
The biggest gainers of the session on the PSEi Composite were International Container Terminal Services Inc (PS:ICT), which rose 4.15% or 2.950 points to trade at 73.950 at the close. Universal Robina Corp (PS:URC) added 3.84% or 6.400 points to end at 173.000 and Energy Development Corp (PS:EDC) was up 3.02% or 0.160 points to 5.460 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 1.11% or 0.25 points to trade at 22.35 in late trade. Security Bank Corp (PS:SECB) declined 0.47% or 1.00 points to end at 213.00 and DMCI Holdings Inc (PS:DMC) shed 0.46% or 0.060 points to 13.100.
Advancing stocks outnumbered falling ones by 110 to 69 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.92% or 11.10 to $1201.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.31% or 0.67 to hit $51.75 a barrel, while the March Brent oil contract rose 1.39% or 0.75 to trade at $54.67 a barrel.
CNY/PHP was down 0.58% to 7.2723, while USD/PHP rose 0.39% to 50.003.
The US Dollar Index was down 0.14% at 101.17.