Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Property, Holding Firms and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 1.80%.
The best performers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 4.96% or 1.700 points to trade at 35.950 at the close. Meanwhile, PLDT Inc (PS:TEL) added 3.37% or 42.00 points to end at 1290.00 and Manila Electric Co (PS:MER) was up 3.31% or 11.40 points to 355.60 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 0.72% or 1.00 points to trade at 138.00 at the close. DMCI Holdings Inc (PS:DMC) declined 0.38% or 0.040 points to end at 10.500 and Petron Corp (PS:PCOR) was down 0.11% or 0.010 points to 8.880.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 120 to 78 and 44 ended unchanged.
Shares in Manila Electric Co (PS:MER) rose to 5-year highs; gaining 3.31% or 11.40 to 355.60.
Gold Futures for August delivery was up 0.01% or 0.10 to $1251.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.20% or 0.15 to hit $73.30 a barrel, while the September Brent oil contract rose 0.40% or 0.31 to trade at $77.92 a barrel.
CNY/PHP was down 0.27% to 8.0622, while USD/PHP fell 0.18% to 53.380.
The US Dollar Index Futures was down 0.44% at 94.58.