Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Services, Holding Firms and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.44% to hit a new 3-month high.
The biggest gainers of the session on the PSEi Composite were First Gen (PS:FGEN), which rose 6.78% or 1.35 points to trade at 21.25 at the close. Bloomberry Res (PS:BLOOM) added 5.43% or 0.250 points to end at 4.850 and Intl Container (PS:ICT) was up 4.67% or 2.850 points to 63.850 in late trade.
Biggest losers included Philex Mining (PS:PX), which lost 4.27% or 0.270 points to trade at 6.060 in late trade. Universal Robi (PS:URC) declined 0.78% or 1.600 points to end at 202.400 and San Miguel Cor (PS:SMC) shed 0.76% or 0.600 points to 78.000.
Advancing stocks outnumbered falling ones by 119 to 52 and 34 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for April delivery was down 0.65% or 8.20 to $1249.20 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.55% or 0.21 to hit $38.08 a barrel, while the May Brent oil contract fell 0.95% or 0.39 to trade at $40.68 a barrel.
CNY/PHP was down 0.50% to 7.1580, while USD/PHP fell 0.46% to 46.640.
The US Dollar Index was up 0.16% at 97.35.