Investing.com – Philippines equities were higher at the close on Wednesday, as gains in the Services, Holding Firms and Mining & Oil sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 0.50%.
The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 6.32% or 4.300 points to trade at 72.300 at the close. PLDT Inc (PS:TEL) added 5.41% or 70.00 points to end at 1365.00 and GT Capital Holdings Inc (PS:GTCAP) was up 4.02% or 45.000 points to 1165.000 in late trade.
Biggest losers included Security Bank Corp (PS:SECB), which lost 4.49% or 8.90 points to trade at 189.50 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 4.46% or 3.30 points to end at 70.70 and Ayala Land Inc (PS:ALI) shed 3.16% or 1.000 points to 30.600.
Declining stocks outnumbered rising ones by 109 to 69 and 39 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.05% or 0.55 to $1210.65 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.10% or 0.05 to hit $47.98 a barrel, while the January Brent oil contract fell 0.14% or 0.07 to trade at $49.05 a barrel.
CNY/PHP was down 0.17% to 7.2320, while USD/PHP fell 0.03% to 49.845.
The US Dollar Index was up 0.12% at 101.21.