Investing.com – Philippines equities were higher at the close on Friday, as gains in the Holding Firms, Property and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.47% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 3.64% or 40.00 points to trade at 1140.00 at the close. Robinsons Land Corp (PS:RLC) added 1.29% or 0.270 points to end at 21.150 and Ayala Land Inc (PS:ALI) was up 1.06% or 0.500 points to 47.500 in late trade.
Biggest losers included Metropolitan Bank and Trust Co (PS:MBT), which lost 2.31% or 2.40 points to trade at 101.30 in late trade. JG Summit Holdings Inc (PS:JGS) declined 1.27% or 1.000 points to end at 78.000 and LT Group Inc (PS:LTG) shed 1.26% or 0.300 points to 23.500.
Advancing stocks outnumbered falling ones by 110 to 97 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.61% or 8.30 to $1354.60 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.11% or 0.07 to hit $65.44 a barrel, while the March Brent oil contract fell 0.16% or 0.11 to trade at $70.31 a barrel.
CNY/PHP was down 0.09% to 8.0461, while USD/PHP fell 0.10% to 50.887.
The US Dollar Index Futures was down 0.49% at 88.75.