Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.59%.
The best performers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 4.76% or 1.500 points to trade at 33.000 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 4.14% or 0.90 points to end at 22.65 and SM Prime Holdings Inc (PS:SMPH) was up 3.85% or 1.000 points to 27.000 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 1.32% or 0.050 points to trade at 3.750 at the close. DMCI Holdings Inc (PS:DMC) declined 0.62% or 0.080 points to end at 12.920 and Aboitiz Power Corp (PS:AP) was down 0.58% or 0.25 points to 42.65.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 104 to 74 and 45 ended unchanged.
Gold for December delivery was up 0.22% or 2.65 to $1227.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.50% or 0.23 to hit $45.58 a barrel, while the January Brent oil contract fell 0.49% or 0.23 to trade at $46.72 a barrel.
CNY/PHP was up 0.19% to 7.1901, while USD/PHP rose 0.43% to 49.394.
The US Dollar Index was unchanged 0.00% at 100.20.