Investing.com – Philippines stocks were higher after the close on Thursday, as gains in the Mining & Oil, Services and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.39%.
The best performers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 10.63% or 0.570 points to trade at 5.930 at the close. Meanwhile, Petron (PS:PCOR) added 6.12% or 0.410 points to end at 7.110 and Sm Prime Hldgs (PS:SMPH) was up 3.11% or 0.650 points to 21.550 in late trade.
The worst performers of the session were Ayala Land (PS:ALI), which fell 1.59% or 0.500 points to trade at 31.000 at the close. Megaworld Corp (PS:MEG) declined 1.16% or 0.040 points to end at 3.400 and First Gen (PS:FGEN) was down 1.10% or 0.20 points to 18.04.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 109 to 55 and 27 ended unchanged.
Gold for April delivery was up 1.98% or 23.60 to $1218.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.68% or 0.73 to hit $26.71 a barrel, while the April Brent oil contract fell 1.18% or 0.36 to trade at $30.48 a barrel.
CNY/PHP was up 0.09% to 7.2240, while USD/PHP rose 0.07% to 47.515.
The US Dollar Index was down 0.26% at 95.59.