Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.18% to hit a new all time high.
The best performers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 2.45% or 2.70 points to trade at 112.70 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 2.40% or 31.00 points to end at 1324.00 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.20% or 2.30 points to 106.90 in late trade.
The worst performers of the session were Ayala Land Inc (PS:ALI), which fell 2.75% or 1.250 points to trade at 44.250 at the close. First Gen Corp (PS:FGEN) declined 1.89% or 0.32 points to end at 16.60 and PLDT Inc (PS:TEL) was down 1.80% or 27.00 points to 1470.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 86 and 47 ended unchanged.
Shares in Bank of the Philippine Islands (PS:BPI) rose to all time highs; up 2.45% or 2.70 to 112.70. Shares in First Gen Corp (PS:FGEN) fell to 3-years lows; falling 1.89% or 0.32 to 16.60. Shares in Metropolitan Bank and Trust Co (PS:MBT) rose to all time highs; gaining 2.20% or 2.30 to 106.90.
Gold Futures for February delivery was down 0.44% or 5.80 to $1312.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.52% or 0.32 to hit $61.95 a barrel, while the March Brent oil contract rose 0.31% or 0.21 to trade at $68.05 a barrel.
CNY/PHP was up 0.11% to 7.6693, while USD/PHP rose 0.02% to 49.841.
The US Dollar Index Futures was down 0.09% at 91.81.