Investing.com – Philippines equities were lower at the close on Monday, as losses in the Banking & Financials, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.99% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 2.44% or 0.170 points to trade at 7.150 at the close. LT Group Inc (PS:LTG) added 2.36% or 0.300 points to end at 13.000 and DMCI Holdings Inc (PS:DMC) was up 2.33% or 0.300 points to 13.200 in late trade.
Biggest losers included SM Prime Holdings Inc (PS:SMPH), which lost 5.56% or 1.600 points to trade at 27.200 in late trade. San Miguel Corp (PS:SMC) declined 5.00% or 5.000 points to end at 95.000 and Megaworld Corp (PS:MEG) shed 4.90% or 0.170 points to 3.300.
Declining stocks outnumbered rising ones by 131 to 61 and 34 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was up 0.38% or 4.35 to $1141.75 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.83% or 0.44 to hit $53.39 a barrel, while the February Brent oil contract rose 0.74% or 0.41 to trade at $55.62 a barrel.
CNY/PHP was up 0.07% to 7.1833, while USD/PHP rose 0.07% to 49.993.
The US Dollar Index was down 0.28% at 102.64.