Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Services, Industrials and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.37% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 2.41% or 40.00 points to trade at 1700.00 at the close. First Gen Corp (PS:FGEN) added 2.30% or 0.44 points to end at 19.60 and BDO Unibank Inc (PS:BDO) was up 2.12% or 2.80 points to 135.00 in late trade.
Biggest losers included Security Bank Corp (PS:SECB), which lost 3.17% or 8.00 points to trade at 244.00 in late trade. JG Summit Holdings Inc (PS:JGS) declined 1.33% or 1.050 points to end at 77.950 and Petron Corp (PS:PCOR) shed 0.76% or 0.080 points to 10.380.
Advancing stocks outnumbered falling ones by 106 to 88 and 62 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.04% or 0.45 to $1278.35 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.65% or 0.33 to hit $50.09 a barrel, while the December Brent oil contract fell 0.86% or 0.48 to trade at $55.52 a barrel.
CNY/PHP was down 0.19% to 7.6583, while USD/PHP fell 0.06% to 51.025.
The US Dollar Index Futures was down 0.18% at 93.25.