Philippines stocks were higher after the close on Wednesday, as gains in the Property, Holding Firms and Mining&Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.94% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 4.01% or 0.180 points to trade at 4.670 at the close. Meanwhile, Ayala Land Inc (PS:ALI) added 2.94% or 1.100 points to end at 38.500 and Ayala Corp (PS:AC) was up 2.73% or 26.00 points to 979.00 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 1.69% or 0.300 points to trade at 17.400 at the close. International Container Terminal Services Inc (PS:ICT) declined 0.62% or 0.500 points to end at 80.500 and Metropolitan Bank and Trust Co (PS:MBT) was down 0.36% or 0.25 points to 69.75.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 108 to 73 and 51 ended unchanged.
Gold Futures for August delivery was down 0.46% or 5.70 to $1221.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.80% or 0.54 to hit $66.62 a barrel, while the September Brent oil contract fell 1.03% or 0.74 to trade at $71.42 a barrel.
CNY/PHP was down 0.36% to 7.9642, while USD/PHP rose 0.09% to 53.483.
The US Dollar Index Futures was up 0.43% at 95.14.
