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 0.26%.
The biggest gainers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.73% or 1.600 points to trade at 44.500 at the close. DMCI Holdings Inc (PS:DMC) added 3.16% or 0.460 points to end at 15.000 and Bank of the Philippine Islands (PS:BPI) was up 2.77% or 2.80 points to 103.90 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 14.63% or 3.600 points to trade at 21.000 in late trade. Globe Telecom Inc (PS:GLO) declined 4.81% or 90.00 points to end at 1780.00 and PLDT Inc (PS:TEL) shed 3.23% or 53.00 points to 1586.00.
Declining stocks outnumbered rising ones by 102 to 87 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was down 0.03% or 0.45 to $1291.75 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.10% or 0.64 to hit $58.66 a barrel, while the January Brent oil contract rose 0.25% or 0.16 to trade at $63.71 a barrel.
CNY/PHP was down 0.29% to 7.6730, while USD/PHP rose 0.02% to 50.675.
The US Dollar Index Futures was unchanged 0.00% at 93.04.