Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Services, Property and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite added 1.21% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 4.62% or 4.400 points to trade at 99.550 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 4.53% or 0.170 points to end at 3.920 and Manila Electric Co (PS:MER) was up 3.67% or 10.200 points to 288.000 in late trade.
The worst performers of the session were BDO Unibank Inc (PS:BDO), which fell 0.87% or 1.00 points to trade at 113.80 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 0.83% or 11.000 points to end at 1320.000 and LT Group Inc (PS:LTG) was down 0.62% or 0.080 points to 12.800.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 127 to 73 and 43 ended unchanged.
Gold for February delivery was up 0.00% or 0.05 to $1184.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.31% or 0.16 to hit $52.12 a barrel, while the March Brent oil contract rose 0.25% or 0.14 to trade at $55.08 a barrel.
CNY/PHP was up 0.01% to 7.1495, while USD/PHP fell 0.26% to 49.500.
The US Dollar Index was down 0.20% at 101.72.