Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Banking & Financials, Property and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.67%.
The best performers of the session on the PSEi Composite were Sm Prime Hldgs (PS:SMPH), which rose 3.23% or 0.620 points to trade at 19.820 at the close. Meanwhile, Jollibee Foods (PS:JFC) added 2.58% or 5.000 points to end at 199.000 and Bk Of Phi Isla (PS:BPI) was up 2.28% or 1.85 points to 83.10 in late trade.
The worst performers of the session were Philex Mining (PS:PX), which fell 3.49% or 0.150 points to trade at 4.150 at the close. Petron (PS:PCOR) declined 2.56% or 0.150 points to end at 5.850 and Jg Summit (PS:JGS) was down 2.06% or 1.350 points to 64.150.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 83 and 17 ended unchanged.
Shares in Philex Mining (PS:PX) fell to 3-years lows; down 3.49% or 0.150 to 4.150. Shares in Petron (PS:PCOR) fell to 3-years lows; down 2.56% or 0.150 to 5.850.
Gold for February delivery was down 0.01% or 0.10 to $1096.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 2.50% or 0.79 to hit $30.62 a barrel, while the March Brent oil contract fell 1.31% or 0.41 to trade at $31.18 a barrel.
CNY/PHP was up 0.37% to 7.2167, while USD/PHP rose 0.51% to 47.478.
The US Dollar Index was down 0.12% at 98.80.