Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.46% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Jollibee Foods Corp (PS:JFC), which rose 3.83% or 9.80 points to trade at 266.00 at the close. Meanwhile, DMCI Holdings Inc (PS:DMC) added 3.36% or 0.380 points to end at 11.700 and JG Summit Holdings Inc (PS:JGS) was up 1.91% or 1.050 points to 56.000 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 3.29% or 0.160 points to trade at 4.700 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 1.12% or 11.00 points to end at 974.00 and Metro Pacific Investments Corp (PS:MPI) was down 1.09% or 0.050 points to 4.540.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 89 to 84 and 50 ended unchanged.
Gold Futures for August delivery was down 0.52% or 6.40 to $1219.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.32% or 0.22 to hit $69.39 a barrel, while the September Brent oil contract fell 0.31% or 0.23 to trade at $74.31 a barrel.
CNY/PHP was down 0.63% to 7.8156, while USD/PHP fell 0.16% to 53.300.
The US Dollar Index Futures was up 0.08% at 94.65.