Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Property, Holding Firms and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 2.25%.
The best performers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 8.62% or 12.70 points to trade at 160.00 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 5.84% or 0.740 points to end at 13.420 and JG Summit Holdings Inc (PS:JGS) was up 5.77% or 3.000 points to 55.000 in late trade.
The worst performers of the session were LT Group Inc (PS:LTG), which fell 0.45% or 0.080 points to trade at 17.620 at the close. Energy Development Corp (PS:EDC) declined 0.42% or 0.030 points to end at 7.050 and GT Capital Holdings Inc (PS:GTCAP) was 0.00% or 0.00 points to 895.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 130 to 67 and 50 ended unchanged.
Shares in San Miguel Corp (PS:SMC) rose to 5-year highs; gaining 8.62% or 12.70 to 160.00.
Gold Futures for December delivery was down 0.71% or 8.60 to $1194.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.28% or 0.19 to hit $67.67 a barrel, while the October Brent oil contract fell 0.60% or 0.45 to trade at $74.33 a barrel.
CNY/PHP was down 0.35% to 7.7839, while USD/PHP rose 0.12% to 53.501.
The US Dollar Index Futures was up 0.35% at 95.33.