Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Mining & Oil, Property and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.17% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.58% or 0.320 points to trade at 7.300 at the close. Meanwhile, Metro Pacific Investments Corp (PS:MPI) added 3.12% or 0.190 points to end at 6.280 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.84% or 1.60 points to 88.60 in late trade.
The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 1.83% or 4.400 points to trade at 235.600 at the close. Bloomberry Resorts Corp (PS:BLOOM) declined 1.78% or 0.080 points to end at 4.420 and JG Summit Holdings Inc (PS:JGS) was down 1.58% or 1.500 points to 93.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 98 to 94 and 47 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; gaining 4.58% or 0.320 to 7.300. Shares in Metro Pacific Investments Corp (PS:MPI) rose to 52-week highs; gaining 3.12% or 0.190 to 6.280.
Gold for June delivery was down 0.07% or 0.85 to $1273.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.71% or 0.34 to hit $48.06 a barrel, while the July Brent oil contract rose 0.12% or 0.06 to trade at $49.03 a barrel.
CNY/PHP was down 0.10% to 7.1166, while USD/PHP fell 0.09% to 46.414.
The US Dollar Index was down 0.08% at 94.45.