Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Property and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.46%.
The best performers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 3.47% or 50.00 points to trade at 1490.00 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 2.60% or 1.900 points to end at 74.900 and Manila Electric Co (PS:MER) was up 2.50% or 6.800 points to 278.800 in late trade.
The worst performers of the session were Petron Corp (PS:PCOR), which fell 1.97% or 0.190 points to trade at 9.460 at the close. Universal Robina Corp (PS:URC) declined 1.42% or 2.400 points to end at 166.600 and Jollibee Foods Corp (PS:JFC) was down 1.36% or 2.800 points to 203.000.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 86 to 83 and 56 ended unchanged.
Gold for February delivery was down 0.00% or 0.05 to $1212.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.57% or 0.30 to hit $52.78 a barrel, while the March Brent oil contract rose 0.74% or 0.41 to trade at $55.88 a barrel.
CNY/PHP was up 0.25% to 7.2870, while USD/PHP fell 0.07% to 49.795.
The US Dollar Index was up 0.27% at 100.53.