Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Property and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.54% 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 3.32% or 4.60 points to trade at 143.30 at the close. Security Bank Corp (PS:SECB) added 3.10% or 7.80 points to end at 259.80 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.49% or 2.20 points to 90.55 in late trade.
Biggest losers included Alliance Global Group Inc (PS:AGI), which lost 2.03% or 0.340 points to trade at 16.440 in late trade. Emperador Inc (PS:EMP) declined 1.81% or 0.130 points to end at 7.050 and DMCI Holdings Inc (PS:DMC) shed 1.72% or 0.280 points to 16.000.
Declining stocks outnumbered rising ones by 105 to 92 and 45 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was down 0.02% or 0.31 to $1296.19 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.54% or 0.78 to hit $51.38 a barrel, while the December Brent oil contract rose 1.74% or 0.98 to trade at $57.23 a barrel.
CNY/PHP was down 0.09% to 7.8053, while USD/PHP fell 0.04% to 51.415.
The US Dollar Index Futures was down 0.06% at 92.88.