Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Mining & Oil, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.69%.
The best performers of the session on the PSEi Composite were Ayala Corp (PS:AC), which rose 4.28% or 29.500 points to trade at 719.500 at the close. Meanwhile, San Miguel Corp (PS:SMC) added 4.01% or 3.850 points to end at 99.850 and LT Group Inc (PS:LTG) was up 3.08% or 0.400 points to 13.400 in late trade.
The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 2.33% or 5.000 points to trade at 210.000 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 1.64% or 21.000 points to end at 1259.000 and Security Bank Corp (PS:SECB) was down 1.57% or 3.20 points to 200.80.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 96 to 72 and 44 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 3-years highs; gaining 4.01% or 3.850 to 99.850.
Gold for February delivery was up 0.40% or 4.65 to $1163.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.15% or 0.61 to hit $52.37 a barrel, while the February Brent oil contract fell 0.95% or 0.53 to trade at $55.19 a barrel.
CNY/PHP was down 0.12% to 7.2110, while USD/PHP rose 0.06% to 49.795.
The US Dollar Index was down 0.01% at 101.07.