Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Services and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.27% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 3.67% or 5.80 points to trade at 164.00 at the close. Globe Telecom Inc (PS:GLO) added 2.70% or 50.00 points to end at 1900.00 and Manila Electric Co (PS:MER) was up 1.42% or 4.60 points to 328.60 in late trade.
Biggest losers included Universal Robina Corp (PS:URC), which lost 2.58% or 4.00 points to trade at 151.00 in late trade. LT Group Inc (PS:LTG) declined 2.40% or 0.460 points to end at 18.740 and Semirara Mining Corp (PS:SCC) shed 1.87% or 0.70 points to 36.80.
Advancing stocks outnumbered falling ones by 116 to 94 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.12% or 1.50 to $1298.70 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.53% or 0.32 to hit $60.16 a barrel, while the March Brent oil contract rose 0.47% or 0.31 to trade at $66.47 a barrel.
CNY/PHP was up 0.07% to 7.6616, while USD/PHP fell 0.20% to 49.909.
The US Dollar Index Futures was down 0.19% at 92.16.