Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Banking & Financials, Holding Firms and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.13%.
The best performers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 2.68% or 3.00 points to trade at 115.00 at the close. Meanwhile, LT Group Inc (PS:LTG) added 2.26% or 0.280 points to end at 12.680 and First Gen Corp (PS:FGEN) was up 2.02% or 0.45 points to 22.75 in late trade.
The worst performers of the session were PLDT Inc (PS:TEL), which fell 1.95% or 29.00 points to trade at 1461.00 at the close. Manila Electric Co (PS:MER) declined 1.38% or 4.000 points to end at 285.000 and SM Prime Holdings Inc (PS:SMPH) was down 0.83% or 0.250 points to 29.800.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 94 to 84 and 51 ended unchanged.
Shares in BDO Unibank Inc (PS:BDO) rose to 52-week highs; rising 2.68% or 3.00 to 115.00.
Gold for February delivery was down 0.15% or 1.75 to $1196.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.63% or 0.33 to hit $53.08 a barrel, while the March Brent oil contract rose 0.73% or 0.40 to trade at $55.48 a barrel.
CNY/PHP was up 0.35% to 7.2293, while USD/PHP rose 0.32% to 49.750.
The US Dollar Index was up 0.11% at 100.02.