Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Banking & Financials and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.10%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.16% or 0.130 points to trade at 4.240 at the close. SM Prime Holdings Inc (PS:SMPH) added 1.70% or 0.400 points to end at 23.900 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.39% or 1.000 points to 73.000 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 3.76% or 0.160 points to trade at 4.090 in late trade. JG Summit Holdings Inc (PS:JGS) declined 1.73% or 1.600 points to end at 90.950 and Universal Robina Corp (PS:URC) shed 1.28% or 2.600 points to 200.000.
Declining stocks outnumbered rising ones by 88 to 88 and 39 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.15% or 1.85 to $1251.05 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.01% or 0.49 to hit $47.92 a barrel, while the July Brent oil contract fell 0.86% or 0.42 to trade at $48.30 a barrel.
CNY/PHP was up 0.00% to 7.1397, while USD/PHP rose 0.07% to 46.775.
The US Dollar Index was up 0.04% at 95.33.