Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Property, Mining & Oil and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 1.10%.
The best performers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 4.91% or 16.80 points to trade at 358.80 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 3.98% or 2.050 points to end at 53.550 and Ayala Land Inc (PS:ALI) was up 3.05% or 1.200 points to 40.500 in late trade.
The worst performers of the session were Robinsons Retail Holdings Inc (PS:RRHI), which fell 3.42% or 2.800 points to trade at 79.000 at the close. Bank of the Philippine Islands (PS:BPI) declined 1.52% or 1.25 points to end at 81.10 and San Miguel Corp (PS:SMC) was down 0.65% or 1.10 points to 168.90.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 93 to 91 and 59 ended unchanged.
Gold Futures for December delivery was unchanged 0.00% or 0.00 to $1207.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.36% or 0.27 to hit $75.50 a barrel, while the December Brent oil contract rose 0.47% or 0.40 to trade at $85.20 a barrel.
CNY/PHP was up 0.00% to 7.8994, while USD/PHP fell 0.20% to 54.189.
The US Dollar Index Futures was down 0.12% at 95.02.