Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Property and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.91% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 4.18% or 3.250 points to trade at 81.050 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 3.70% or 0.850 points to end at 23.850 and Bank of the Philippine Islands (PS:BPI) was up 3.49% or 3.45 points to 102.40 in late trade.
The worst performers of the session were Universal Robina Corp (PS:URC), which fell 2.40% or 4.00 points to trade at 163.00 at the close. Metro Pacific Investments Corp (PS:MPI) declined 2.11% or 0.140 points to end at 6.500 and Aboitiz Equity Ventures Inc (PS:AEV) was down 2.08% or 1.550 points to 72.900.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 102 to 77 and 60 ended unchanged.
Gold Futures for April delivery was down 0.01% or 0.10 to $1227.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.10% or 0.05 to hit $48.80 a barrel, while the May Brent oil contract fell 0.02% or 0.01 to trade at $51.73 a barrel.
CNY/PHP was up 0.03% to 7.2667, while USD/PHP rose 0.10% to 50.179.
The US Dollar Index Futures was up 0.02% at 100.11.