Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Industrials and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.56%.
The best performers of the session on the PSEi Composite were Bloomberry Resorts Corp (PS:BLOOM), which rose 6.00% or 0.300 points to trade at 5.300 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 2.90% or 0.180 points to end at 6.380 and Manila Electric Co (PS:MER) was up 2.47% or 7.600 points to 315.000 in late trade.
The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 3.23% or 2.000 points to trade at 60.000 at the close. Globe Telecom Inc (PS:GLO) declined 1.73% or 40.000 points to end at 2270.000 and Petron Corp (PS:PCOR) was down 1.61% or 0.180 points to 11.000.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 91 and 43 ended unchanged.
Gold for August delivery was down 0.24% or 3.15 to $1284.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.54% or 0.26 to hit $48.23 a barrel, while the August Brent oil contract fell 0.64% or 0.32 to trade at $49.51 a barrel.
CNY/PHP was up 0.33% to 7.0429, while USD/PHP rose 0.14% to 46.353.
The US Dollar Index was down 0.12% at 94.92.