Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Banking & Financials, Property and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.17%.
The biggest gainers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 3.68% or 0.230 points to trade at 6.480 at the close. Security Bank Corp (PS:SECB) added 2.26% or 4.50 points to end at 204.00 and SM Prime Holdings Inc (PS:SMPH) was up 1.95% or 0.550 points to 28.700 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 3.07% or 5.000 points to trade at 158.000 in late trade. Ayala Corp (PS:AC) declined 1.87% or 13.120 points to end at 690.000 and Alliance Global Group Inc (PS:AGI) shed 1.86% or 0.240 points to 12.640.
Advancing stocks outnumbered falling ones by 87 to 85 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.38% or 4.45 to $1161.35 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.15% or 0.08 to hit $52.75 a barrel, while the February Brent oil contract fell 0.11% or 0.06 to trade at $55.63 a barrel.
CNY/PHP was up 0.19% to 7.2120, while USD/PHP fell 0.08% to 49.770.
The US Dollar Index was up 0.11% at 101.11.