Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Banking & Financials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.26%.
The best performers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 3.73% or 1.600 points to trade at 44.500 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 3.16% or 0.460 points to end at 15.000 and Bank of the Philippine Islands (PS:BPI) was up 2.77% or 2.80 points to 103.90 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 14.63% or 3.600 points to trade at 21.000 at the close. Globe Telecom Inc (PS:GLO) declined 4.81% or 90.00 points to end at 1780.00 and PLDT Inc (PS:TEL) was down 3.23% or 53.00 points to 1586.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 102 to 87 and 52 ended unchanged.
Shares in Robinsons Land Corp (PS:RLC) fell to 3-years lows; down 14.63% or 3.600 to 21.000.
Gold Futures for December delivery was down 0.03% or 0.45 to $1291.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.10% or 0.64 to hit $58.66 a barrel, while the January Brent oil contract rose 0.25% or 0.16 to trade at $63.71 a barrel.
CNY/PHP was down 0.29% to 7.6730, while USD/PHP rose 0.02% to 50.675.
The US Dollar Index Futures was unchanged 0.00% at 93.04.