Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Mining & Oil, Property and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.39%.
The best performers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 6.03% or 0.280 points to trade at 4.920 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 2.22% or 0.600 points to end at 27.600 and Megaworld Corp (PS:MEG) was up 1.76% or 0.080 points to 4.630 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 2.16% or 1.700 points to trade at 77.100 at the close. Energy Development Corp (PS:EDC) declined 1.50% or 0.090 points to end at 5.900 and Jollibee Foods Corp (PS:JFC) was down 1.45% or 3.600 points to 245.000.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 115 to 63 and 51 ended unchanged.
Gold for December delivery was down 0.27% or 3.60 to $1326.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.56% or 0.25 to hit $44.92 a barrel, while the December Brent oil contract rose 0.56% or 0.26 to trade at $46.78 a barrel.
CNY/PHP was up 0.22% to 7.2389, while USD/PHP rose 0.20% to 48.280.
The US Dollar Index was up 0.19% at 95.53.