Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Services, Mining & Oil and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.67% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Intl Container (PS:ICT), which rose 5.31% or 4.100 points to trade at 81.300 at the close. Meanwhile, Bdo Unibank (PS:BDO) added 3.37% or 3.50 points to end at 107.50 and Energy Develop (PS:EDC) was up 3.26% or 0.220 points to 6.970 in late trade.
The worst performers of the session were Petron (PS:PCOR), which fell 0.82% or 0.060 points to trade at 7.250 at the close. Gt Capital Hol (PS:GTCAP) added 0.08% or 1.000 points to end at 1322.000 and Jollibee Foods (PS:JFC) was up 0.29% or 0.600 points to 207.600.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 126 to 60 and 13 ended unchanged.
Gold for December delivery was up 0.58% or 6.80 to $1172.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.19% or 0.09 to hit $45.47 a barrel, while the December Brent oil contract rose 0.56% or 0.27 to trade at $48.35 a barrel.
CNY/PHP was up 0.46% to 7.3242, while USD/PHP rose 0.32% to 46.505.
The US Dollar Index was down 0.11% at 96.33.