Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Services, Industrials and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.63% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 8.64% or 161.00 points to trade at 2024.00 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 7.15% or 6.150 points to end at 92.150 and JG Summit Holdings Inc (PS:JGS) was up 3.57% or 2.000 points to 58.000 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 2.43% or 0.500 points to trade at 20.100 at the close. LT Group Inc (PS:LTG) declined 1.70% or 0.300 points to end at 17.300 and Emperador Inc (PS:EMP) was down 0.27% or 0.020 points to 7.270.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 114 to 74 and 52 ended unchanged.
Gold Futures for December delivery was up 0.18% or 2.20 to $1220.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.07% or 0.05 to hit $69.22 a barrel, while the October Brent oil contract rose 0.05% or 0.04 to trade at $74.69 a barrel.
CNY/PHP was up 0.09% to 7.7657, while USD/PHP rose 0.31% to 53.076.
The US Dollar Index Futures was up 0.06% at 95.06.