Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Property, Banking & Financials and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.33% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were Security Bank Corp (PS:SECB), which rose 2.35% or 6.00 points to trade at 261.00 at the close. Meanwhile, Ayala Land Inc (PS:ALI) added 1.76% or 0.750 points to end at 43.250 and BDO Unibank Inc (PS:BDO) was up 1.40% or 1.80 points to 130.60 in late trade.
The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 2.08% or 0.500 points to trade at 23.500 at the close. JG Summit Holdings Inc (PS:JGS) declined 1.45% or 1.050 points to end at 71.500 and DMCI Holdings Inc (PS:DMC) was down 1.26% or 0.200 points to 15.700.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 111 to 76 and 56 ended unchanged.
Shares in Security Bank Corp (PS:SECB) rose to all time highs; up 2.35% or 6.00 to 261.00.
Gold Futures for December delivery was up 0.77% or 9.83 to $1292.73 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.11% or 0.05 to hit $46.73 a barrel, while the October Brent oil contract fell 0.02% or 0.01 to trade at $50.26 a barrel.
CNY/PHP was up 0.35% to 7.6899, while USD/PHP fell 0.08% to 51.325.
The US Dollar Index Futures was up 0.12% at 93.52.