Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Mining & Oil and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.34% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 3.37% or 70.00 points to trade at 2150.00 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 2.19% or 0.320 points to end at 14.920 and PLDT Inc (PS:TEL) was up 1.70% or 30.00 points to 1795.00 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 0.97% or 0.750 points to trade at 76.900 at the close. First Gen Corp (PS:FGEN) declined 0.92% or 0.20 points to end at 21.50 and Metropolitan Bank and Trust Co (PS:MBT) was down 0.58% or 0.50 points to 85.50.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 98 to 80 and 55 ended unchanged.
Gold Futures for June delivery was down 0.09% or 1.09 to $1266.11 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.06% or 0.03 to hit $49.53 a barrel, while the July Brent oil contract fell 0.04% or 0.02 to trade at $52.55 a barrel.
CNY/PHP was up 0.05% to 7.2190, while USD/PHP rose 0.11% to 49.724.
The US Dollar Index Futures was up 0.15% at 98.87.