Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Services, Property and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.96% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 3.80% or 76.00 points to trade at 2076.00 at the close. Meanwhile, Universal Robina Corp (PS:URC) added 2.35% or 4.10 points to end at 178.30 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.19% or 1.85 points to 86.50 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 4.11% or 4.50 points to trade at 105.00 at the close. Energy Development Corp (PS:EDC) declined 2.64% or 0.160 points to end at 5.900 and Manila Electric Co (PS:MER) was down 1.08% or 3.00 points to 276.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 116 to 80 and 47 ended unchanged.
Gold Futures for June delivery was down 0.89% or 11.09 to $1237.41 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.67% or 0.32 to hit $47.50 a barrel, while the July Brent oil contract fell 0.59% or 0.30 to trade at $50.49 a barrel.
CNY/PHP was down 0.10% to 7.2368, while USD/PHP fell 0.16% to 49.890.
The US Dollar Index Futures was down 0.20% at 99.06.