Investing.com – Philippines equities were higher at the close on Friday, as gains in the Property, Banking & Financials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.02%.
The biggest gainers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 1.85% or 6.00 points to trade at 331.00 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 1.57% or 1.70 points to end at 109.70 and Ayala Corp (PS:AC) was up 1.43% or 15.00 points to 1065.00 in late trade.
Biggest losers included Aboitiz Power Corp (PS:AP), which lost 4.08% or 1.70 points to trade at 40.00 in late trade. Universal Robina Corp (PS:URC) declined 2.69% or 4.50 points to end at 163.00 and San Miguel Corp (PS:SMC) shed 2.27% or 3.00 points to 129.00.
Declining stocks outnumbered rising ones by 103 to 96 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.43% or 5.70 to $1328.20 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.69% or 0.44 to hit $63.36 a barrel, while the March Brent oil contract fell 0.33% or 0.23 to trade at $69.03 a barrel.
CNY/PHP was up 0.38% to 7.7874, while USD/PHP fell 0.03% to 50.379.
The US Dollar Index Futures was down 0.25% at 91.43.