Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Banking & Financials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.02%.
The best performers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 1.85% or 6.00 points to trade at 331.00 at the close. Meanwhile, Metropolitan Bank and Trust Co (PS:MBT) added 1.57% or 1.70 points to end at 109.70 and Ayala Corp (PS:AC) was up 1.43% or 15.00 points to 1065.00 in late trade.
The worst performers of the session were Aboitiz Power Corp (PS:AP), which fell 4.08% or 1.70 points to trade at 40.00 at the close. Universal Robina Corp (PS:URC) declined 2.69% or 4.50 points to end at 163.00 and San Miguel Corp (PS:SMC) was down 2.27% or 3.00 points to 129.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 103 to 96 and 48 ended unchanged.
Shares in Metropolitan Bank and Trust Co (PS:MBT) rose to all time highs; up 1.57% or 1.70 to 109.70.
Gold Futures for February delivery was up 0.43% or 5.70 to $1328.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.69% or 0.44 to hit $63.36 a barrel, while the March Brent oil contract fell 0.33% or 0.23 to trade at $69.03 a barrel.
CNY/PHP was up 0.38% to 7.7874, while USD/PHP fell 0.03% to 50.379.
The US Dollar Index Futures was down 0.24% at 91.44.