Investing.com – Philippines equities were higher at the close on Friday, as gains in the Banking & Financials, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.01%.
The biggest gainers of the session on the PSEi Composite were Metropolitan Bank and Trust Co (PS:MBT), which rose 3.63% or 3.25 points to trade at 92.75 at the close. International Container Terminal Services Inc (PS:ICT) added 2.02% or 2.000 points to end at 101.000 and Aboitiz Power Corp (PS:AP) was up 0.50% or 0.20 points to 40.20 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 1.50% or 0.070 points to trade at 4.590 in late trade. Energy Development Corp (PS:EDC) declined 0.98% or 0.060 points to end at 6.040 and LT Group Inc (PS:LTG) shed 0.90% or 0.140 points to 15.500.
Declining stocks outnumbered rising ones by 104 to 102 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.20% or 2.41 to $1220.89 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.93% or 0.88 to hit $44.64 a barrel, while the September Brent oil contract fell 1.81% or 0.87 to trade at $47.24 a barrel.
CNY/PHP was down 0.15% to 7.4431, while USD/PHP fell 0.10% to 50.620.
The US Dollar Index Futures was up 0.17% at 95.74.