Investing.com – Philippines equities were higher at the close on Friday, as gains in the Industrials, Services and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.76%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 4.86% or 0.540 points to trade at 11.660 at the close. Bloomberry Resorts Corp (PS:BLOOM) added 3.69% or 0.210 points to end at 5.900 and LT Group Inc (PS:LTG) was up 3.33% or 0.500 points to 15.500 in late trade.
Biggest losers included Energy Development Corp (PS:EDC), which lost 1.87% or 0.100 points to trade at 5.250 in late trade. Philex Mining Corp (PS:PX) declined 1.18% or 0.110 points to end at 9.210 and GT Capital Holdings Inc (PS:GTCAP) shed 0.56% or 8.000 points to 1431.000.
Advancing stocks outnumbered falling ones by 113 to 65 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.82% or 10.70 to $1287.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.21% or 0.56 to hit $46.77 a barrel, while the August Brent oil contract rose 1.67% or 0.79 to trade at $47.98 a barrel.
CNY/PHP was up 0.01% to 7.0467, while USD/PHP rose 0.04% to 46.440.
The US Dollar Index was down 0.24% at 94.54.