Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Industrials, Services and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.37%.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 5.67% or 8.90 points to trade at 165.80 at the close. DMCI Holdings Inc (PS:DMC) added 3.77% or 0.520 points to end at 14.300 and Security Bank Corp (PS:SECB) was up 3.36% or 8.00 points to 246.00 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 2.60% or 0.250 points to trade at 9.350 in late trade. LT Group Inc (PS:LTG) declined 2.17% or 0.500 points to end at 22.500 and SM Investments Corp (PS:SM) shed 1.00% or 10.00 points to 990.00.
Advancing stocks outnumbered falling ones by 128 to 81 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.23% or 3.00 to $1332.50 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.39% or 0.25 to hit $63.64 a barrel, while the April Brent oil contract rose 0.48% or 0.32 to trade at $67.18 a barrel.
CNY/PHP was down 0.15% to 8.1662, while USD/PHP fell 0.54% to 51.118.
The US Dollar Index Futures was down 0.02% at 89.50.