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 rose 0.24%.
The biggest gainers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 2.13% or 0.700 points to trade at 33.500 at the close. Petron Corp (PS:PCOR) added 2.04% or 0.220 points to end at 10.980 and Megaworld Corp (PS:MEG) was up 1.95% or 0.090 points to 4.710 in late trade.
Biggest losers included JG Summit Holdings Inc (PS:JGS), which lost 2.41% or 2.000 points to trade at 81.000 in late trade. Globe Telecom Inc (PS:GLO) declined 1.72% or 36.00 points to end at 2060.00 and LT Group Inc (PS:LTG) shed 1.23% or 0.200 points to 16.020.
Declining stocks outnumbered rising ones by 95 to 93 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.10% or 1.27 to $1266.83 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.30% or 0.15 to hit $49.65 a barrel, while the August Brent oil contract fell 0.30% or 0.16 to trade at $52.35 a barrel.
CNY/PHP was up 0.14% to 7.2696, while USD/PHP rose 0.11% to 49.821.
The US Dollar Index Futures was down 0.07% at 97.26.