Investing.com – Philippines equities were higher at the close on Friday, as gains in the Holding Firms, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.71%.
The biggest gainers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 2.48% or 3.00 points to trade at 124.00 at the close. Robinsons Land Corp (PS:RLC) added 2.32% or 0.550 points to end at 24.250 and Alliance Global Group Inc (PS:AGI) was up 2.14% or 0.300 points to 14.300 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 2.27% or 0.100 points to trade at 4.300 in late trade. International Container Terminal Services Inc (PS:ICT) declined 1.71% or 1.700 points to end at 97.800 and DMCI Holdings Inc (PS:DMC) shed 1.67% or 0.240 points to 14.100.
Declining stocks outnumbered rising ones by 118 to 89 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.11% or 1.40 to $1244.40 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.78% or 0.35 to hit $45.28 a barrel, while the September Brent oil contract rose 0.73% or 0.35 to trade at $47.98 a barrel.
CNY/PHP was up 0.05% to 7.4499, while USD/PHP fell 0.08% to 50.511.
The US Dollar Index Futures was up 0.22% at 95.53.