Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Industrials and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.37% to hit a new all time high.
The best performers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 2.41% or 40.00 points to trade at 1700.00 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 2.30% or 0.44 points to end at 19.60 and BDO Unibank Inc (PS:BDO) was up 2.12% or 2.80 points to 135.00 in late trade.
The worst performers of the session were Security Bank Corp (PS:SECB), which fell 3.17% or 8.00 points to trade at 244.00 at the close. JG Summit Holdings Inc (PS:JGS) declined 1.33% or 1.050 points to end at 77.950 and Petron Corp (PS:PCOR) was down 0.76% or 0.080 points to 10.380.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 106 to 88 and 62 ended unchanged.
Shares in BDO Unibank Inc (PS:BDO) rose to all time highs; gaining 2.12% or 2.80 to 135.00.
Gold Futures for December delivery was up 0.03% or 0.37 to $1278.27 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.65% or 0.33 to hit $50.09 a barrel, while the December Brent oil contract fell 0.86% or 0.48 to trade at $55.52 a barrel.
CNY/PHP was down 0.19% to 7.6582, while USD/PHP fell 0.06% to 51.025.
The US Dollar Index Futures was down 0.18% at 93.25.