Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.95%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 3.87% or 0.190 points to trade at 5.100 at the close. Meanwhile, Aboitiz Equity (PS:AEV) added 3.12% or 1.750 points to end at 57.850 and Energy Develop (PS:EDC) was up 2.95% or 0.180 points to 6.280 in late trade.
The worst performers of the session were Ayala Corp (PS:AC), which fell 1.64% or 12.500 points to trade at 750.000 at the close. Robinsons Land (PS:RLC) declined 1.62% or 0.500 points to end at 30.300 and Alliance Globa (PS:AGI) was down 0.89% or 0.160 points to 17.840.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 105 to 71 and 17 ended unchanged.
Gold for December delivery was up 0.34% or 3.70 to $1077.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.78% or 0.34 to hit $42.53 a barrel, while the January Brent oil contract fell 0.78% or 0.36 to trade at $45.76 a barrel.
CNY/PHP was down 0.19% to 7.3562, while USD/PHP fell 0.20% to 47.000.
The US Dollar Index was down 0.20% at 99.49.