Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Industrials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.56%.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 7.04% or 2.50 points to trade at 38.00 at the close. Meanwhile, Manila Electric Co (PS:MER) added 3.57% or 11.00 points to end at 319.00 and Robinsons Land Corp (PS:RLC) was up 2.31% or 0.500 points to 22.100 in late trade.
The worst performers of the session were Metro Pacific Investments Corp (PS:MPI), which fell 1.40% or 0.090 points to trade at 6.340 at the close. Ayala Land Inc (PS:ALI) declined 1.17% or 0.500 points to end at 42.100 and Ayala Corp (PS:AC) was down 0.99% or 10.00 points to 1000.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 97 to 93 and 46 ended unchanged.
Gold Futures for February delivery was down 0.50% or 6.30 to $1259.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.36% or 0.20 to hit $56.16 a barrel, while the February Brent oil contract rose 0.56% or 0.34 to trade at $61.56 a barrel.
CNY/PHP was down 0.05% to 7.6643, while USD/PHP fell 0.13% to 50.660.
The US Dollar Index Futures was up 0.09% at 93.61.