Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.44%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.46% or 1.100 points to trade at 32.900 at the close. GT Capital Holdings Inc (PS:GTCAP) added 2.39% or 28.000 points to end at 1198.000 and SM Prime Holdings Inc (PS:SMPH) was up 1.89% or 0.500 points to 27.000 in late trade.
Biggest losers included Jollibee Foods Corp (PS:JFC), which lost 2.26% or 4.800 points to trade at 208.000 in late trade. LT Group Inc (PS:LTG) declined 1.98% or 0.260 points to end at 12.900 and Megaworld Corp (PS:MEG) shed 1.65% or 0.060 points to 3.580.
Declining stocks outnumbered rising ones by 109 to 67 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.23% or 2.75 to $1173.75 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.18% or 0.61 to hit $51.18 a barrel, while the February Brent oil contract fell 0.86% or 0.47 to trade at $54.47 a barrel.
CNY/PHP was up 19.43% to 7.2252, while USD/PHP rose 19.30% to 49.663.
The US Dollar Index was down 0.10% at 100.06.