Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Holding Firms, Property and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.47% to hit a new all time high.
The best performers of the session on the PSEi Composite were SM Investments Corp (PS:SM), which rose 3.64% or 40.00 points to trade at 1140.00 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 1.29% or 0.270 points to end at 21.150 and Ayala Land Inc (PS:ALI) was up 1.06% or 0.500 points to 47.500 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 2.31% or 2.40 points to trade at 101.30 at the close. JG Summit Holdings Inc (PS:JGS) declined 1.27% or 1.000 points to end at 78.000 and LT Group Inc (PS:LTG) was down 1.26% or 0.300 points to 23.500.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 110 to 97 and 51 ended unchanged.
Shares in SM Investments Corp (PS:SM) rose to all time highs; up 3.64% or 40.00 to 1140.00. Shares in Ayala Land Inc (PS:ALI) rose to all time highs; gaining 1.06% or 0.500 to 47.500.
Gold Futures for February delivery was down 0.62% or 8.40 to $1354.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.11% or 0.07 to hit $65.44 a barrel, while the March Brent oil contract fell 0.14% or 0.10 to trade at $70.32 a barrel.
CNY/PHP was down 0.09% to 8.0461, while USD/PHP fell 0.10% to 50.887.
The US Dollar Index Futures was down 0.50% at 88.74.