Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Holding Firms and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.08%.
The best performers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 7.39% or 8.50 points to trade at 123.50 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 6.34% or 83.00 points to end at 1392.00 and Megaworld Corp (PS:MEG) was up 3.64% or 0.180 points to 5.130 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 1.48% or 0.300 points to trade at 20.000 at the close. DMCI Holdings Inc (PS:DMC) declined 1.08% or 0.160 points to end at 14.640 and Security Bank Corp (PS:SECB) was down 0.64% or 1.60 points to 250.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 127 to 104 and 53 ended unchanged.
Shares in Bank of the Philippine Islands (PS:BPI) rose to all time highs; up 7.39% or 8.50 to 123.50. Shares in Robinsons Land Corp (PS:RLC) fell to 3-years lows; losing 1.48% or 0.300 to 20.000.
Gold Futures for February delivery was up 0.70% or 9.30 to $1336.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.14% or 0.73 to hit $63.22 a barrel, while the March Brent oil contract fell 1.10% or 0.76 to trade at $68.55 a barrel.
CNY/PHP was up 0.25% to 7.9269, while USD/PHP fell 0.04% to 50.757.
The US Dollar Index Futures was down 0.23% at 90.10.