Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Property, Mining & Oil and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.23% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Metro Pacific Investments Corp (PS:MPI), which rose 3.58% or 0.240 points to trade at 6.950 at the close. Meanwhile, GT Capital Holdings Inc (PS:GTCAP) added 2.73% or 33.00 points to end at 1240.00 and SM Prime Holdings Inc (PS:SMPH) was up 1.65% or 0.550 points to 33.950 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 4.78% or 0.860 points to trade at 17.140 at the close. PLDT Inc (PS:TEL) declined 3.48% or 60.00 points to end at 1665.00 and Emperador Inc (PS:EMP) was down 1.38% or 0.110 points to 7.840.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 105 to 94 and 56 ended unchanged.
Gold Futures for August delivery was up 0.15% or 1.86 to $1235.56 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.20% or 0.09 to hit $46.11 a barrel, while the September Brent oil contract rose 0.21% or 0.10 to trade at $48.52 a barrel.
CNY/PHP was up 0.15% to 7.5041, while USD/PHP rose 0.02% to 50.702.
The US Dollar Index Futures was down 0.32% at 94.62.