Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Mining & Oil and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.15% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 2.65% or 0.230 points to trade at 8.900 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 2.56% or 0.400 points to end at 16.000 and Robinsons Land Corp (PS:RLC) was up 2.29% or 0.700 points to 31.300 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 3.37% or 0.230 points to trade at 6.600 at the close. Energy Development Corp (PS:EDC) declined 0.88% or 0.050 points to end at 5.650 and DMCI Holdings Inc (PS:DMC) was down 0.78% or 0.100 points to 12.700.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 117 to 72 and 48 ended unchanged.
Gold for August delivery was down 1.18% or 15.85 to $1327.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.83% or 0.37 to hit $45.12 a barrel, while the September Brent oil contract rose 0.76% or 0.35 to trade at $46.61 a barrel.
CNY/PHP was down 0.40% to 7.0333, while USD/PHP fell 0.31% to 47.040.
The US Dollar Index was down 0.05% at 96.31.