Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Industrials and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.82%.
The best performers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 7.64% or 1.200 points to trade at 16.900 at the close. Meanwhile, Manila Electric Co (PS:MER) added 3.40% or 9.20 points to end at 279.80 and JG Summit Holdings Inc (PS:JGS) was up 2.83% or 2.150 points to 78.100 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 1.26% or 26.00 points to trade at 2044.00 at the close. Emperador Inc (PS:EMP) declined 0.96% or 0.070 points to end at 7.230 and Energy Development Corp (PS:EDC) was down 0.82% or 0.060 points to 7.240.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 107 to 94 and 55 ended unchanged.
Shares in Alliance Global Group Inc (PS:AGI) rose to 52-week highs; gaining 7.64% or 1.200 to 16.900.
Gold Futures for December delivery was down 1.29% or 17.02 to $1299.38 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.49% or 0.25 to hit $50.44 a barrel, while the November Brent oil contract fell 0.30% or 0.17 to trade at $56.12 a barrel.
CNY/PHP was down 0.06% to 7.7459, while USD/PHP rose 0.27% to 51.075.
The US Dollar Index Futures was unchanged 0.00% at 92.22.