Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Mining & Oil and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.33%.
The best performers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.20% or 1.400 points to trade at 45.100 at the close. Meanwhile, Semirara Mining Corp (PS:SCC) added 2.25% or 0.80 points to end at 36.40 and DMCI Holdings Inc (PS:DMC) was up 2.19% or 0.300 points to 14.000 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 8.65% or 0.530 points to trade at 5.600 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 1.89% or 25.00 points to end at 1300.00 and Robinsons Land Corp (PS:RLC) was down 1.43% or 0.300 points to 20.650.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 124 to 85 and 50 ended unchanged.
Shares in Metro Pacific Investments Corp (PS:MPI) fell to 52-week lows; down 8.65% or 0.530 to 5.600.
Gold Futures for April delivery was up 0.32% or 4.30 to $1334.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.61% or 0.36 to hit $58.83 a barrel, while the April Brent oil contract fell 0.48% or 0.30 to trade at $62.42 a barrel.
CNY/PHP was up 0.08% to 8.2151, while USD/PHP rose 0.13% to 52.104.
The US Dollar Index Futures was down 0.15% at 89.47.