Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite added 1.33% to hit a new 3-months high.
The best performers of the session on the PSEi Composite were Ayala Land Inc (PS:ALI), which rose 5.02% or 1.750 points to trade at 36.600 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 3.95% or 3.000 points to end at 79.000 and International Container Terminal Services Inc (PS:ICT) was up 3.45% or 2.300 points to 69.000 in late trade.
The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 2.17% or 3.0000 points to trade at 135.0000 at the close. Manila Electric Co (PS:MER) declined 1.47% or 4.700 points to end at 315.000 and Aboitiz Power Corp (PS:AP) was down 1.37% or 0.60 points to 43.30.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 93 to 74 and 33 ended unchanged.
Shares in JG Summit Holdings Inc (PS:JGS) rose to all time highs; gaining 3.95% or 3.000 to 79.000.
Gold for April delivery was down 0.37% or 4.70 to $1260.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.32% or 0.13 to hit $40.07 a barrel, while the May Brent oil contract fell 0.39% or 0.16 to trade at $41.38 a barrel.
CNY/PHP was up 0.32% to 7.1501, while USD/PHP rose 0.27% to 46.275.
The US Dollar Index was up 0.25% at 95.01.