Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Services and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.62% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 3.72% or 29.00 points to trade at 809.50 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 3.55% or 0.500 points to end at 14.600 and Alliance Global Group Inc (PS:AGI) was up 3.38% or 0.480 points to 14.680 in late trade.
The worst performers of the session were Aboitiz Equity Ventures Inc (PS:AEV), which fell 2.70% or 2.050 points to trade at 73.900 at the close. JG Summit Holdings Inc (PS:JGS) declined 2.56% or 2.100 points to end at 80.000 and GT Capital Holdings Inc (PS:GTCAP) was down 2.05% or 25.00 points to 1195.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 119 to 86 and 42 ended unchanged.
Shares in SM Investments Corp (PS:SM) rose to 52-week highs; up 3.72% or 29.00 to 809.50. Shares in DMCI Holdings Inc (PS:DMC) rose to 52-week highs; gaining 3.55% or 0.500 to 14.600.
Gold Futures for August delivery was down 0.13% or 1.65 to $1295.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.66% or 0.32 to hit $47.87 a barrel, while the August Brent oil contract fell 0.78% or 0.39 to trade at $49.73 a barrel.
CNY/PHP was down 0.08% to 7.2863, while USD/PHP fell 0.10% to 49.500.
The US Dollar Index Futures was up 0.12% at 96.62.