Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Services and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.32% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 2.21% or 46.00 points to trade at 2126.00 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 1.85% or 1.450 points to end at 79.950 and International Container Terminal Services Inc (PS:ICT) was up 1.79% or 1.900 points to 107.900 in late trade.
The worst performers of the session were Aboitiz Power Corp (PS:AP), which fell 3.00% or 1.20 points to trade at 38.80 at the close. LT Group Inc (PS:LTG) declined 2.06% or 0.380 points to end at 18.100 and First Gen Corp (PS:FGEN) was down 1.56% or 0.28 points to 17.62.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 119 to 88 and 42 ended unchanged.
Shares in First Gen Corp (PS:FGEN) fell to 3-years lows; falling 1.56% or 0.28 to 17.62.
Gold Futures for August delivery was down 0.01% or 0.17 to $1259.83 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.02% or 0.01 to hit $49.05 a barrel, while the September Brent oil contract rose 0.45% or 0.23 to trade at $51.72 a barrel.
CNY/PHP was up 0.05% to 7.5001, while USD/PHP fell 0.01% to 50.550.
The US Dollar Index Futures was down 0.18% at 93.60.