Investing.com – Philippines stocks were higher after the close on Wednesday, as gains in the Mining & Oil, Holding Firms and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 2.17% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 4.70% or 0.920 points to trade at 20.500 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 4.58% or 0.540 points to end at 12.340 and SM Investments Corp (PS:SM) was up 4.21% or 40.00 points to 990.00 in late trade.
The worst performers of the session were Bank of the Philippine Islands (PS:BPI), which fell 2.24% or 2.20 points to trade at 95.80 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 0.95% or 0.70 points to end at 73.00 and Emperador Inc (PS:EMP) was down 0.14% or 0.010 points to 7.270.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 120 to 72 and 46 ended unchanged.
Gold Futures for August delivery was down 0.21% or 2.60 to $1221.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.67% or 0.46 to hit $68.30 a barrel, while the October Brent oil contract fell 0.57% or 0.42 to trade at $73.79 a barrel.
CNY/PHP was up 0.34% to 7.8041, while USD/PHP rose 0.09% to 53.036.
The US Dollar Index Futures was up 0.06% at 94.39.