Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Holding Firms, Banking & Financials and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.62% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 3.35% or 2.700 points to trade at 83.200 at the close. International Container Terminal Services Inc (PS:ICT) added 2.41% or 1.500 points to end at 63.700 and First Gen Corp (PS:FGEN) was up 1.82% or 0.45 points to 25.20 in late trade.
Biggest losers included Philex Mining Corp (PS:PX), which lost 2.06% or 0.180 points to trade at 8.570 in late trade. Bloomberry Resorts Corp (PS:BLOOM) declined 1.69% or 0.110 points to end at 6.390 and Energy Development Corp (PS:EDC) shed 1.55% or 0.090 points to 5.700.
Advancing stocks outnumbered falling ones by 103 to 81 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.32% or 4.20 to $1333.50 a troy ounce. Meanwhile, Crude oil for delivery in September fell 0.30% or 0.14 to hit $45.80 a barrel, while the September Brent oil contract fell 0.40% or 0.19 to trade at $46.77 a barrel.
CNY/PHP was up 0.65% to 7.0185, while USD/PHP rose 0.41% to 46.930.
The US Dollar Index was up 0.09% at 96.65.