Investing.com – Philippines stocks were higher after the close on Friday, as gains in the Holding Firms, Property and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.89%.
The best performers of the session on the PSEi Composite were Jg Summit (PS:JGS), which rose 6.86% or 4.300 points to trade at 67.000 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 4.39% or 0.150 points to end at 3.570 and San Miguel Cor (PS:SMC) was up 4.14% or 2.900 points to 72.900 in late trade.
The worst performers of the session were Metropolitan B (PS:MBT), which fell 2.67% or 1.95 points to trade at 71.00 at the close. Philex Mining (PS:PX) declined 1.93% or 0.080 points to end at 4.070 and Lt Group (PS:LTG) was down 0.63% or 0.100 points to 15.900.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 123 to 65 and 13 ended unchanged.
Gold for February delivery was down 0.26% or 2.90 to $1112.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.76% or 0.58 to hit $33.80 a barrel, while the April Brent oil contract rose 1.75% or 0.61 to trade at $35.41 a barrel.
CNY/PHP was down 0.10% to 7.2568, while USD/PHP fell 0.04% to 47.745.
The US Dollar Index was up 0.43% at 99.05.