Philippines stocks higher at close of trade; PSEi Composite up 0.69%

Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Services, Banking & Financials and Holding Firms sectors led shares higher.

At the close in Philippines, the PSEi Composite rose 0.69% to hit a new all time high.

The best performers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 2.82% or 0.200 points to trade at 7.300 at the close. Meanwhile, Alliance Global Group Inc (PS:AGI) added 2.68% or 0.440 points to end at 16.840 and Security Bank Corp (PS:SECB) was up 2.44% or 6.00 points to 252.00 in late trade.

The worst performers of the session were Robinsons Land Corp (PS:RLC), which fell 1.92% or 0.500 points to trade at 25.600 at the close. LT Group Inc (PS:LTG) declined 1.12% or 0.200 points to end at 17.700 and Semirara Mining Corp (PS:SCC) was down 1.07% or 0.50 points to 46.10.

Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 105 to 94 and 55 ended unchanged.

Gold Futures for December delivery was up 0.18% or 2.24 to $1274.04 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.30% or 0.15 to hit $50.61 a barrel, while the December Brent oil contract rose 0.09% or 0.05 to trade at $56.17 a barrel.

CNY/PHP was down 0.23% to 7.6822, while USD/PHP rose 0.03% to 51.106.

The US Dollar Index Futures was up 0.01% at 93.49.