Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Property, Banking & Financials and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 1.43% to hit a new 3-months high.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.20% or 0.110 points to trade at 3.550 at the close. Meanwhile, Ayala Corp (PS:AC) added 3.06% or 26.00 points to end at 875.00 and SM Prime Holdings Inc (PS:SMPH) was up 2.96% or 0.850 points to 29.550 in late trade.
The worst performers of the session were Energy Development Corp (PS:EDC), which fell 2.30% or 0.140 points to trade at 5.950 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 1.23% or 14.00 points to end at 1120.00 and Manila Electric Co (PS:MER) was down 0.43% or 1.20 points to 274.80.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 114 to 78 and 42 ended unchanged.
Shares in GT Capital Holdings Inc (PS:GTCAP) fell to 52-week lows; falling 1.23% or 14.00 to 1120.00.
Gold Futures for June delivery was up 0.55% or 6.95 to $1260.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.32% or 0.16 to hit $50.08 a barrel, while the June Brent oil contract fell 0.34% or 0.18 to trade at $52.94 a barrel.
CNY/PHP was down 0.02% to 7.2850, while USD/PHP rose 0.09% to 50.181.
The US Dollar Index Futures was up 0.11% at 100.47.