Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Holding Firms, Services and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.21% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 4.96% or 60.00 points to trade at 1270.00 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 3.56% or 1.300 points to end at 37.800 and Metro Pacific Investments Corp (PS:MPI) was up 3.08% or 0.200 points to 6.700 in late trade.
The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 2.12% or 0.80 points to trade at 37.00 at the close. Ayala Land Inc (PS:ALI) declined 1.48% or 0.650 points to end at 43.300 and Jollibee Foods Corp (PS:JFC) was down 1.21% or 3.00 points to 244.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 110 to 102 and 33 ended unchanged.
Gold Futures for February delivery was up 0.70% or 8.80 to $1257.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 0.42% or 0.24 to hit $56.84 a barrel, while the February Brent oil contract rose 0.75% or 0.47 to trade at $62.91 a barrel.
CNY/PHP was up 0.39% to 7.6379, while USD/PHP rose 0.26% to 50.475.
The US Dollar Index Futures was unchanged 0.00% at 93.40.