Investing.com – Philippines stocks were higher after the close on Tuesday, as gains in the Industrials, Banking & Financials and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.33%.
The best performers of the session on the PSEi Composite were Manila Electri (PS:MER), which rose 3.34% or 10.000 points to trade at 308.000 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.50% or 0.120 points to end at 4.920 and Energy Develop (PS:EDC) was up 2.10% or 0.150 points to 7.330 in late trade.
The worst performers of the session were Ayala Corp (PS:AC), which fell 1.38% or 11.000 points to trade at 785.000 at the close. Phi Long Dis T (PS:TEL) declined 1.31% or 38.00 points to end at 2850.00 and Jollibee Foods (PS:JFC) was down 1.03% or 2.000 points to 194.100.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 107 to 83 and 15 ended unchanged.
Shares in Manila Electri (PS:MER) rose to 52-week highs; gaining 3.34% or 10.000 to 308.000.
Gold for December delivery was up 0.09% or 1.00 to $1090.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.54% or 0.69 to hit $45.87 a barrel, while the September Brent oil contract rose 1.27% or 0.63 to trade at $50.15 a barrel.
CNY/PHP was down 0.29% to 7.3486, while USD/PHP fell 0.30% to 45.627.
The US Dollar Index was down 0.11% at 97.49.