Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Holding Firms, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.47% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Aboitiz Power Corp (PS:AP), which rose 3.49% or 1.45 points to trade at 43.00 at the close. DMCI Holdings Inc (PS:DMC) added 3.17% or 0.400 points to end at 13.000 and Aboitiz Equity Ventures Inc (PS:AEV) was up 3.05% or 2.300 points to 77.650 in late trade.
Biggest losers included First Gen Corp (PS:FGEN), which lost 1.36% or 0.30 points to trade at 21.70 in late trade. Emperador Inc (PS:EMP) declined 0.78% or 0.050 points to end at 6.400 and San Miguel Corp (PS:SMC) shed 0.45% or 0.50 points to 109.50.
Advancing stocks outnumbered falling ones by 112 to 73 and 58 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.45% or 5.75 to $1271.75 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.16% or 0.08 to hit $49.31 a barrel, while the July Brent oil contract rose 0.13% or 0.07 to trade at $52.20 a barrel.
CNY/PHP was down 0.14% to 7.2187, while USD/PHP fell 0.23% to 49.705.
The US Dollar Index Futures was down 0.03% at 98.88.