Investing.com – Philippines equities were higher at the close on Thursday, as gains in the Property, Industrials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.53% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 3.40% or 4.90 points to trade at 148.90 at the close. SM Prime Holdings Inc (PS:SMPH) added 3.01% or 1.050 points to end at 35.950 and Ayala Corp (PS:AC) was up 2.38% or 25.00 points to 1077.00 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 2.17% or 46.00 points to trade at 2072.00 in late trade. Bank of the Philippine Islands (PS:BPI) declined 1.57% or 1.60 points to end at 100.00 and PLDT Inc (PS:TEL) shed 1.54% or 26.00 points to 1664.00.
Declining stocks outnumbered rising ones by 120 to 83 and 49 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.78% or 10.01 to $1298.91 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.76% or 0.39 to hit $50.91 a barrel, while the December Brent oil contract fell 0.49% or 0.28 to trade at $56.66 a barrel.
CNY/PHP was up 0.13% to 7.8005, while USD/PHP rose 0.10% to 51.414.
The US Dollar Index Futures was down 0.02% at 92.77.