Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Industrials and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.25%.
The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 5.48% or 0.880 points to trade at 16.940 at the close. Meanwhile, Petron Corp (PS:PCOR) added 3.59% or 0.380 points to end at 10.960 and Philippine Long Distance Telephone Company (PS:TEL) was up 3.02% or 58.00 points to 1978.00 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 2.77% or 60.000 points to trade at 2106.000 at the close. Aboitiz Equity Ventures Inc (PS:AEV) declined 1.18% or 0.750 points to end at 63.050 and Bloomberry Resorts Corp (PS:BLOOM) was down 1.13% or 0.060 points to 5.230.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 67 and 34 ended unchanged.
Shares in Petron Corp (PS:PCOR) rose to 52-week highs; gaining 3.59% or 0.380 to 10.960.
Gold for April delivery was down 1.04% or 13.00 to $1235.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.87% or 0.36 to hit $41.09 a barrel, while the May Brent oil contract fell 0.74% or 0.31 to trade at $41.48 a barrel.
CNY/PHP was up 0.11% to 7.1387, while USD/PHP rose 0.19% to 46.370.
The US Dollar Index was up 0.19% at 95.85.