Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Services, Property and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite added 2.06% to hit a new 3-months high.
The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 6.93% or 1.900 points to trade at 29.300 at the close. Meanwhile, Philex Mining Corp (PS:PX) added 5.66% or 0.320 points to end at 5.970 and Globe Telecom Inc (PS:GLO) was up 4.71% or 98.000 points to 2180.000 in late trade.
The worst performers of the session were First Gen Corp (PS:FGEN), which fell 0.24% or 0.05 points to trade at 20.85 at the close. Metro Pacific Investments Corp (PS:MPI) unchanged 0.00% or 0.000 points to end at 5.990 and San Miguel Corp (PS:SMC) was up 0.13% or 0.100 points to 78.000.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 121 to 51 and 35 ended unchanged.
Gold for April delivery was up 3.11% or 38.20 to $1268.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 2.94% or 1.13 to hit $39.59 a barrel, while the May Brent oil contract rose 2.48% or 1.00 to trade at $41.33 a barrel.
CNY/PHP was down 0.49% to 7.1356, while USD/PHP fell 0.95% to 46.328.
The US Dollar Index was down 0.63% at 95.10.