Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Holding Firms and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.52%.
The best performers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 5.38% or 2.500 points to trade at 49.000 at the close. Meanwhile, Lt Group (PS:LTG) added 2.74% or 0.400 points to end at 15.000 and Aboitiz Power (PS:AP) was up 2.10% or 0.85 points to 41.35 in late trade.
The worst performers of the session were Philex Mining (PS:PX), which fell 2.05% or 0.090 points to trade at 4.310 at the close. Manila Electri (PS:MER) declined 1.20% or 3.800 points to end at 312.000 and Sm Prime Hldgs (PS:SMPH) was down 0.44% or 0.100 points to 22.400.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 100 to 75 and 14 ended unchanged.
Shares in Philex Mining (PS:PX) fell to 3-years lows; falling 2.05% or 0.090 to 4.310.
Gold for February delivery was down 0.14% or 1.50 to $1072.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.87% or 0.32 to hit $36.45 a barrel, while the February Brent oil contract rose 0.27% or 0.10 to trade at $36.48 a barrel.
CNY/PHP was down 0.01% to 7.3049, while USD/PHP fell 0.03% to 47.315.
The US Dollar Index was up 0.20% at 98.41.