Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.30%.
The best performers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 4.29% or 3.900 points to trade at 94.900 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 3.82% or 7.40 points to end at 201.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.69% or 2.00 points to 76.40 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 3.57% or 1.000 points to trade at 27.000 at the close. Petron Corp (PS:PCOR) declined 1.81% or 0.180 points to end at 9.780 and SM Prime Holdings Inc (PS:SMPH) was down 1.57% or 0.450 points to 28.200.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 101 to 68 and 45 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 3-years highs; gaining 4.29% or 3.900 to 94.900.
Gold for February delivery was down 0.17% or 2.05 to $1170.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.18% or 0.60 to hit $51.44 a barrel, while the February Brent oil contract rose 0.85% or 0.46 to trade at $54.35 a barrel.
CNY/PHP was down 0.16% to 7.2123, while USD/PHP rose 0.13% to 49.766.
The US Dollar Index was up 0.05% at 101.16.