Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Industrials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.44% to hit a new all time high.
The best performers of the session on the PSEi Composite were Jg Summit (PS:JGS), which rose 3.39% or 2.350 points to trade at 71.700 at the close. Meanwhile, Energy Develop (PS:EDC) added 2.66% or 0.220 points to end at 8.490 and First Gen (PS:FGEN) was up 1.90% or 0.55 points to 29.50 in late trade.
The worst performers of the session were Sm Prime Hldgs (PS:SMPH), which fell 1.49% or 0.300 points to trade at 19.900 at the close. Philex Mining (PS:PX) declined 1.32% or 0.100 points to end at 7.500 and Bdo Unibank (PS:BDO) was down 1.32% or 1.60 points to 119.90.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 90 to 90 and 15 ended unchanged.
Shares in Jg Summit (PS:JGS) rose to all time highs; rising 3.39% or 2.350 to 71.700. Shares in Philex Mining (PS:PX) fell to 3-year lows; down 1.32% or 0.100 to 7.500.
Gold for April delivery was up 1.12% or 13.40 to $1210.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.11% or 1.53 to hit $50.74 a barrel, while the May Brent oil contract rose 3.24% or 1.83 to trade at $58.31 a barrel.
CNY/PHP was up 0.05% to 7.2085, while USD/PHP rose 0.04% to 44.770.
The US Dollar Index was down 0.50% at 96.59.