Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Services, Industrials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.69%.
The best performers of the session on the PSEi Composite were Metro Pacifi I (PS:MPI), which rose 5.95% or 0.320 points to trade at 5.700 at the close. Meanwhile, Metropolitan B (PS:MBT) added 4.58% or 3.30 points to end at 75.30 and Intl Container (PS:ICT) was up 4.26% or 2.400 points to 58.700 in late trade.
The worst performers of the session were Bloomberry Res (PS:BLOOM), which fell 2.61% or 0.110 points to trade at 4.110 at the close. Robinsons Land (PS:RLC) declined 1.92% or 0.500 points to end at 25.500 and Energy Develop (PS:EDC) was down 0.57% or 0.030 points to 5.230.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 101 to 48 and 46 ended unchanged.
Shares in Metro Pacifi I (PS:MPI) rose to 52-week highs; rising 5.95% or 0.320 to 5.700.
Gold for April delivery was down 0.17% or 2.00 to $1155.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.74% or 0.23 to hit $31.48 a barrel, while the April Brent oil contract fell 1.10% or 0.38 to trade at $34.08 a barrel.
CNY/PHP was down 0.31% to 7.2555, while USD/PHP fell 0.25% to 47.660.
The US Dollar Index was up 0.14% at 96.65.