Investing.com – Philippines equities were higher at the close on Friday, as gains in the Services, Property and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.48%.
The biggest gainers of the session on the PSEi Composite were Philippine Long Distance Telephone Company (PS:TEL), which rose 4.81% or 80.00 points to trade at 1742.00 at the close. First Gen Corp (PS:FGEN) added 4.42% or 0.95 points to end at 22.45 and Globe Telecom Inc (PS:GLO) was up 2.92% or 62.000 points to 2188.000 in late trade.
Biggest losers included Manila Electric Co (PS:MER), which lost 4.49% or 14.200 points to trade at 301.800 in late trade. International Container Terminal Services Inc (PS:ICT) declined 3.31% or 2.000 points to end at 58.500 and LT Group Inc (PS:LTG) shed 1.82% or 0.260 points to 14.060.
Advancing stocks outnumbered falling ones by 98 to 72 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.11% or 1.30 to $1221.70 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.95% or 0.47 to hit $49.01 a barrel, while the July Brent oil contract fell 1.29% or 0.64 to trade at $48.95 a barrel.
CNY/PHP was down 0.00% to 7.1181, while USD/PHP rose 0.04% to 46.695.
The US Dollar Index was up 0.15% at 95.28.