Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Mining & Oil, Services and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.31%.
The best performers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 5.15% or 3.500 points to trade at 71.500 at the close. Meanwhile, Universal Robina Corp (PS:URC) added 4.17% or 6.00 points to end at 150.00 and Globe Telecom Inc (PS:GLO) was up 3.51% or 59.00 points to 1739.00 in late trade.
The worst performers of the session were SM Investments Corp (PS:SM), which fell 1.52% or 15.00 points to trade at 975.00 at the close. Aboitiz Equity Ventures Inc (PS:AEV) declined 1.30% or 0.900 points to end at 68.400 and LT Group Inc (PS:LTG) was down 1.08% or 0.200 points to 18.280.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 97 to 96 and 43 ended unchanged.
Gold Futures for February delivery was up 0.17% or 2.10 to $1243.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.96% or 0.55 to hit $57.69 a barrel, while the February Brent oil contract rose 1.26% or 0.80 to trade at $64.14 a barrel.
CNY/PHP was down 0.11% to 7.6183, while USD/PHP fell 0.12% to 50.440.
The US Dollar Index Futures was down 0.02% at 94.04.