Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Industrials and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.84%.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 7.75% or 0.670 points to trade at 9.320 at the close. Meanwhile, Bloomberry Resorts Corp (PS:BLOOM) added 7.36% or 0.390 points to end at 5.690 and Manila Electric Co (PS:MER) was up 3.17% or 10.000 points to 325.000 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 1.00% or 0.800 points to trade at 79.000 at the close. Alliance Global Group Inc (PS:AGI) declined 0.38% or 0.060 points to end at 15.900 and Ayala Land Inc (PS:ALI) was down 0.26% or 0.100 points to 37.850.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 117 to 58 and 55 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; gaining 7.75% or 0.670 to 9.320.
Gold for August delivery was up 1.79% or 23.05 to $1311.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.35% or 0.65 to hit $47.36 a barrel, while the August Brent oil contract fell 1.37% or 0.67 to trade at $48.30 a barrel.
CNY/PHP was up 0.14% to 7.0472, while USD/PHP rose 0.17% to 46.400.
The US Dollar Index was down 0.20% at 94.48.