Investing.com – Philippines equities were higher at the close on Friday, as gains in the Mining & Oil, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.64%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 4.98% or 88.00 points to trade at 1854.00 at the close. Aboitiz Equity Ventures Inc (PS:AEV) added 2.39% or 1.700 points to end at 72.700 and BDO Unibank Inc (PS:BDO) was up 2.33% or 3.50 points to 153.60 in late trade.
Biggest losers included Manila Electric Co (PS:MER), which lost 1.29% or 4.20 points to trade at 320.80 in late trade. Megaworld Corp (PS:MEG) declined 0.97% or 0.050 points to end at 5.110 and GT Capital Holdings Inc (PS:GTCAP) shed 0.94% or 12.00 points to 1268.00.
Advancing stocks outnumbered falling ones by 107 to 96 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was up 0.10% or 1.30 to $1271.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.43% or 0.25 to hit $58.11 a barrel, while the February Brent oil contract fell 0.28% or 0.18 to trade at $64.72 a barrel.
CNY/PHP was up 0.16% to 7.6380, while USD/PHP fell 0.16% to 50.170.
The US Dollar Index Futures was up 0.12% at 92.95.