Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Holding Firms and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 1.08% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 4.13% or 3.000 points to trade at 75.700 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 3.73% or 1.250 points to end at 34.800 and Robinsons Land Corp (PS:RLC) was up 3.12% or 0.750 points to 24.800 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 5.03% or 4.60 points to trade at 86.90 at the close. GT Capital Holdings Inc (PS:GTCAP) declined 2.85% or 35.00 points to end at 1195.00 and First Gen Corp (PS:FGEN) was down 1.28% or 0.24 points to 18.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 82 and 53 ended unchanged.
Shares in First Gen Corp (PS:FGEN) fell to 52-week lows; falling 1.28% or 0.24 to 18.50.
Gold Futures for August delivery was up 0.11% or 1.38 to $1246.88 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.43% or 0.20 to hit $47.12 a barrel, while the September Brent oil contract rose 0.47% or 0.23 to trade at $49.53 a barrel.
CNY/PHP was down 0.03% to 7.4957, while USD/PHP fell 0.36% to 50.710.
The US Dollar Index Futures was down 0.10% at 93.99.