Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Holding Firms, Services and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.59% 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 2.94% or 28.00 points to trade at 980.00 at the close. Meanwhile, Security Bank Corp (PS:SECB) added 2.69% or 7.00 points to end at 266.80 and GT Capital Holdings Inc (PS:GTCAP) was up 2.46% or 30.00 points to 1250.00 in late trade.
The worst performers of the session were Universal Robina Corp (PS:URC), which fell 2.01% or 3.00 points to trade at 146.00 at the close. Ayala Land Inc (PS:ALI) declined 1.96% or 0.850 points to end at 42.500 and Bank of the Philippine Islands (PS:BPI) was down 1.90% or 1.90 points to 98.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 119 to 89 and 43 ended unchanged.
Shares in SM Investments Corp (PS:SM) rose to all time highs; rising 2.94% or 28.00 to 980.00. Shares in Security Bank Corp (PS:SECB) rose to all time highs; rising 2.69% or 7.00 to 266.80.
Gold Futures for December delivery was down 0.82% or 10.69 to $1292.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.48% or 0.25 to hit $52.12 a barrel, while the December Brent oil contract rose 0.48% or 0.28 to trade at $58.10 a barrel.
CNY/PHP was down 0.28% to 7.7545, while USD/PHP rose 0.09% to 51.312.
The US Dollar Index Futures was up 0.15% at 93.28.