Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Industrials, Property and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.37% to hit a new 3-months high.
The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 3.32% or 0.460 points to trade at 14.320 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 2.37% or 0.700 points to end at 30.200 and Megaworld Corp (PS:MEG) was up 2.27% or 0.090 points to 4.050 in late trade.
The worst performers of the session were First Gen Corp (PS:FGEN), which fell 2.33% or 0.50 points to trade at 20.95 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 2.31% or 2.00 points to end at 84.50 and Ayala Land Inc (PS:ALI) was down 1.13% or 0.400 points to 35.000.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 113 to 63 and 60 ended unchanged.
Gold Futures for June delivery was up 0.15% or 1.85 to $1276.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 0.43% or 0.23 to hit $53.63 a barrel, while the June Brent oil contract rose 0.46% or 0.26 to trade at $56.49 a barrel.
CNY/PHP was down 0.23% to 7.1734, while USD/PHP fell 0.38% to 49.450.
The US Dollar Index Futures was down 0.06% at 100.57.