Investing.com – Philippines equities were higher at the close on Tuesday, as gains in the Property, Banking & Financials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 2.04% 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 5.45% or 9.00 points to trade at 174.00 at the close. BDO Unibank Inc (PS:BDO) added 5.31% or 8.30 points to end at 164.60 and San Miguel Corp (PS:SMC) was up 3.46% or 4.20 points to 125.70 in late trade.
Biggest losers included Globe Telecom Inc (PS:GLO), which lost 1.74% or 30.00 points to trade at 1690.00 in late trade. Aboitiz Power Corp (PS:AP) declined 1.32% or 0.55 points to end at 41.00 and Petron Corp (PS:PCOR) shed 0.86% or 0.080 points to 9.270.
Advancing stocks outnumbered falling ones by 118 to 92 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.39% or 5.10 to $1315.30 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.63% or 0.39 to hit $62.12 a barrel, while the March Brent oil contract rose 0.44% or 0.30 to trade at $68.08 a barrel.
CNY/PHP was down 0.03% to 7.7123, while USD/PHP rose 0.48% to 50.387.
The US Dollar Index Futures was up 0.15% at 92.22.