Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Property and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.91% to hit a new 1-month high.
The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 4.18% or 3.250 points to trade at 81.050 at the close. Robinsons Land Corp (PS:RLC) added 3.70% or 0.850 points to end at 23.850 and Bank of the Philippine Islands (PS:BPI) was up 3.49% or 3.45 points to 102.40 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 2.40% or 4.00 points to trade at 163.00 in late trade. Metro Pacific Investments Corp (PS:MPI) declined 2.11% or 0.140 points to end at 6.500 and Aboitiz Equity Ventures Inc (PS:AEV) shed 2.08% or 1.550 points to 72.900.
Advancing stocks outnumbered falling ones by 102 to 77 and 60 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.04% or 0.45 to $1227.55 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.10% or 0.05 to hit $48.80 a barrel, while the May Brent oil contract fell 0.04% or 0.02 to trade at $51.72 a barrel.
CNY/PHP was up 0.03% to 7.2667, while USD/PHP rose 0.10% to 50.179.
The US Dollar Index Futures was up 0.01% at 100.10.