Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.93% to hit a new all time high.
The best performers of the session on the PSEi Composite were Bk Of Phi Isla (PS:BPI), which rose 3.41% or 3.50 points to trade at 106.00 at the close. Meanwhile, Sm Investment (PS:SM) added 3.41% or 32.000 points to end at 970.000 and Bloomberry Res (PS:BLOOM) was up 3.33% or 0.380 points to 11.800 in late trade.
The worst performers of the session were Philex Mining (PS:PX), which fell 3.89% or 0.280 points to trade at 6.920 at the close. Universal Robi (PS:URC) declined 2.29% or 5.200 points to end at 222.200 and Robinsons Land (PS:RLC) was down 1.71% or 0.500 points to 28.750.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 104 to 97 and 17 ended unchanged.
Shares in Bk Of Phi Isla (PS:BPI) rose to 52-week highs; up 3.41% or 3.50 to 106.00. Shares in Philex Mining (PS:PX) fell to 3-years lows; down 3.89% or 0.280 to 6.920. Shares in Sm Investment (PS:SM) rose to all time highs; rising 3.41% or 32.000 to 970.000.
Gold for June delivery was up 0.86% or 10.30 to $1203.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.95% or 0.48 to hit $50.30 a barrel, while the May Brent oil contract fell 0.01% or 0.01 to trade at $56.56 a barrel.
CNY/PHP was up 0.14% to 7.1758, while USD/PHP rose 0.21% to 44.555.
The US Dollar Index was up 0.22% at 99.47.