Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Holding Firms, Banking & Financials and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 2.54% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were Security Bank Corp (PS:SECB), which rose 8.91% or 18.00 points to trade at 220.00 at the close. SM Investments Corp (PS:SM) added 6.00% or 39.000 points to end at 689.000 and Globe Telecom Inc (PS:GLO) was up 4.14% or 63.000 points to 1585.000 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 0.76% or 0.100 points to trade at 13.100 in late trade. DMCI Holdings Inc (PS:DMC) declined 0.15% or 0.020 points to end at 13.460 and Semirara Mining Corp (PS:SCC) 0.00% or 0.0000 points to 132.8000.
Advancing stocks outnumbered falling ones by 146 to 53 and 33 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.91% or 10.65 to $1175.95 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.19% or 0.10 to hit $53.16 a barrel, while the March Brent oil contract fell 0.28% or 0.16 to trade at $56.30 a barrel.
CNY/PHP was up 0.32% to 7.1871, while USD/PHP fell 0.43% to 49.470.
The US Dollar Index was down 0.30% at 102.18.