Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Property, Holding Firms and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite added 2.62%.
The best performers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 8.61% or 2.300 points to trade at 29.000 at the close. Meanwhile, Bloomberry Resorts Corp (PS:BLOOM) added 6.37% or 0.260 points to end at 4.340 and SM Prime Holdings Inc (PS:SMPH) was up 5.96% or 1.350 points to 24.000 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 0.82% or 0.550 points to trade at 66.400 at the close. BDO Unibank Inc (PS:BDO) unchanged 0.00% or 0.00 points to end at 99.50 and Alliance Global Group Inc (PS:AGI) was 0.00% or 0.000 points to 14.360.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 129 to 48 and 48 ended unchanged.
Shares in SM Prime Holdings Inc (PS:SMPH) rose to all time highs; up 5.96% or 1.350 to 24.000.
Gold for June delivery was down 0.03% or 0.35 to $1266.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.90% or 0.39 to hit $43.83 a barrel, while the July Brent oil contract rose 1.38% or 0.60 to trade at $44.23 a barrel.
CNY/PHP was down 1.16% to 7.1726, while USD/PHP fell 1.18% to 46.735.
The US Dollar Index was down 0.04% at 94.10.