Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Holding Firms, Banking & Financials and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.62% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 3.35% or 2.700 points to trade at 83.200 at the close. Meanwhile, International Container Terminal Services Inc (PS:ICT) added 2.41% or 1.500 points to end at 63.700 and First Gen Corp (PS:FGEN) was up 1.82% or 0.45 points to 25.20 in late trade.
The worst performers of the session were Philex Mining Corp (PS:PX), which fell 2.06% or 0.180 points to trade at 8.570 at the close. Bloomberry Resorts Corp (PS:BLOOM) declined 1.69% or 0.110 points to end at 6.390 and Energy Development Corp (PS:EDC) was down 1.55% or 0.090 points to 5.700.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 103 to 81 and 54 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to all time highs; up 3.35% or 2.700 to 83.200.
Gold for August delivery was up 0.35% or 4.65 to $1333.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.35% or 0.16 to hit $45.78 a barrel, while the September Brent oil contract fell 0.38% or 0.18 to trade at $46.78 a barrel.
CNY/PHP was up 0.65% to 7.0185, while USD/PHP rose 0.41% to 46.930.
The US Dollar Index was up 0.09% at 96.65.