Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Services, Property and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.48%.
The best performers of the session on the PSEi Composite were Philippine Long Distance Telephone Company (PS:TEL), which rose 4.81% or 80.00 points to trade at 1742.00 at the close. Meanwhile, First Gen Corp (PS:FGEN) added 4.42% or 0.95 points to end at 22.45 and Globe Telecom Inc (PS:GLO) was up 2.92% or 62.000 points to 2188.000 in late trade.
The worst performers of the session were Manila Electric Co (PS:MER), which fell 4.49% or 14.200 points to trade at 301.800 at the close. International Container Terminal Services Inc (PS:ICT) declined 3.31% or 2.000 points to end at 58.500 and LT Group Inc (PS:LTG) was down 1.82% or 0.260 points to 14.060.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 98 to 72 and 46 ended unchanged.
Gold for June delivery was up 0.11% or 1.40 to $1221.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.95% or 0.47 to hit $49.01 a barrel, while the July Brent oil contract fell 1.29% or 0.64 to trade at $48.95 a barrel.
CNY/PHP was down 0.00% to 7.1181, while USD/PHP rose 0.04% to 46.695.
The US Dollar Index was up 0.14% at 95.27.