Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Industrials, Services and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 1.37%.
The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 5.67% or 8.90 points to trade at 165.80 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 3.77% or 0.520 points to end at 14.300 and Security Bank Corp (PS:SECB) was up 3.36% or 8.00 points to 246.00 in late trade.
The worst performers of the session were Petron Corp (PS:PCOR), which fell 2.60% or 0.250 points to trade at 9.350 at the close. LT Group Inc (PS:LTG) declined 2.17% or 0.500 points to end at 22.500 and SM Investments Corp (PS:SM) was down 1.00% or 10.00 points to 990.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 128 to 81 and 46 ended unchanged.
Gold Futures for April delivery was up 0.23% or 3.00 to $1332.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.39% or 0.25 to hit $63.64 a barrel, while the April Brent oil contract rose 0.46% or 0.31 to trade at $67.17 a barrel.
CNY/PHP was down 0.15% to 8.1662, while USD/PHP fell 0.54% to 51.118.
The US Dollar Index Futures was down 0.02% at 89.50.