Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Property and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 1.25%.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 5.16% or 1.55 points to trade at 31.60 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 5.01% or 5.20 points to end at 109.00 and Jollibee Foods Corp (PS:JFC) was up 3.59% or 10.40 points to 300.00 in late trade.
The worst performers of the session were Manila Electric Co (PS:MER), which fell 0.91% or 3.00 points to trade at 325.00 at the close. Security Bank Corp (PS:SECB) declined 0.79% or 1.80 points to end at 224.80 and Metro Pacific Investments Corp (PS:MPI) was down 0.58% or 0.030 points to 5.150.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 107 to 94 and 44 ended unchanged.
Gold Futures for June delivery was down 0.54% or 7.30 to $1352.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.10% or 0.07 to hit $66.75 a barrel, while the June Brent oil contract fell 0.22% or 0.16 to trade at $71.90 a barrel.
CNY/PHP was down 0.07% to 8.2851, while USD/PHP rose 0.09% to 52.041.
The US Dollar Index Futures was up 0.09% at 89.30.