Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Mining & Oil, Services and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.46%.
The biggest gainers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 3.33% or 0.220 points to trade at 6.820 at the close. Energy Development Corp (PS:EDC) added 2.54% or 0.150 points to end at 6.060 and International Container Terminal Services Inc (PS:ICT) was up 2.16% or 2.100 points to 99.500 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 1.06% or 0.160 points to trade at 15.000 in late trade. Ayala Land Inc (PS:ALI) declined 0.77% or 0.300 points to end at 38.600 and LT Group Inc (PS:LTG) shed 0.72% or 0.120 points to 16.500.
Declining stocks outnumbered rising ones by 98 to 92 and 58 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.57% or 7.09 to $1243.49 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.55% or 0.27 to hit $48.39 a barrel, while the July Brent oil contract fell 0.37% or 0.19 to trade at $51.46 a barrel.
CNY/PHP was up 0.08% to 7.2211, while USD/PHP rose 0.13% to 49.755.
The US Dollar Index Futures was down 0.15% at 97.95.