Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Banking & Financials, Property and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.54% to hit a new all time high.
The best performers of the session on the PSEi Composite were BDO Unibank Inc (PS:BDO), which rose 3.32% or 4.60 points to trade at 143.30 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 3.10% or 7.80 points to end at 259.80 and Metropolitan Bank and Trust Co (PS:MBT) was up 2.49% or 2.20 points to 90.55 in late trade.
The worst performers of the session were Alliance Global Group Inc (PS:AGI), which fell 2.03% or 0.340 points to trade at 16.440 at the close. Emperador Inc (PS:EMP) declined 1.81% or 0.130 points to end at 7.050 and DMCI Holdings Inc (PS:DMC) was down 1.72% or 0.280 points to 16.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 105 to 92 and 45 ended unchanged.
Shares in BDO Unibank Inc (PS:BDO) rose to all time highs; gaining 3.32% or 4.60 to 143.30.
Gold Futures for December delivery was up 0.01% or 0.18 to $1296.68 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.54% or 0.78 to hit $51.38 a barrel, while the December Brent oil contract rose 1.76% or 0.99 to trade at $57.24 a barrel.
CNY/PHP was down 0.09% to 7.8054, while USD/PHP fell 0.04% to 51.415.
The US Dollar Index Futures was down 0.05% at 92.89.