Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Property, Banking & Financials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite added 2.04% to hit a new all time high.
The best performers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 5.45% or 9.00 points to trade at 174.00 at the close. Meanwhile, BDO Unibank Inc (PS:BDO) added 5.31% or 8.30 points to end at 164.60 and San Miguel Corp (PS:SMC) was up 3.46% or 4.20 points to 125.70 in late trade.
The worst performers of the session were Globe Telecom Inc (PS:GLO), which fell 1.74% or 30.00 points to trade at 1690.00 at the close. Aboitiz Power Corp (PS:AP) declined 1.32% or 0.55 points to end at 41.00 and Petron Corp (PS:PCOR) was down 0.86% or 0.080 points to 9.270.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 118 to 92 and 47 ended unchanged.
Shares in BDO Unibank Inc (PS:BDO) rose to all time highs; up 5.31% or 8.30 to 164.60. Shares in San Miguel Corp (PS:SMC) rose to 5-year highs; up 3.46% or 4.20 to 125.70.
Gold Futures for February delivery was down 0.39% or 5.10 to $1315.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.63% or 0.39 to hit $62.12 a barrel, while the March Brent oil contract rose 0.44% or 0.30 to trade at $68.08 a barrel.
CNY/PHP was down 0.03% to 7.7123, while USD/PHP rose 0.48% to 50.387.
The US Dollar Index Futures was up 0.15% at 92.22.