Investing.com – Philippines equities were higher at the close on Monday, as gains in the Holding Firms, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.38% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were Ayala Corp (PS:AC), which rose 4.68% or 43.50 points to trade at 972.00 at the close. SM Investments Corp (PS:SM) added 4.01% or 33.50 points to end at 868.50 and Bank of the Philippine Islands (PS:BPI) was up 2.97% or 3.00 points to 104.00 in late trade.
Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 2.91% or 0.480 points to trade at 16.040 in late trade. Universal Robina Corp (PS:URC) declined 1.23% or 1.90 points to end at 152.00 and International Container Terminal Services Inc (PS:ICT) shed 1.10% or 1.200 points to 107.600.
Advancing stocks outnumbered falling ones by 125 to 79 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was down 0.51% or 6.78 to $1318.42 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.65% or 0.33 to hit $50.77 a barrel, while the November Brent oil contract rose 0.29% or 0.16 to trade at $55.78 a barrel.
CNY/PHP was down 0.50% to 7.7872, while USD/PHP fell 0.36% to 51.105.
The US Dollar Index Futures was up 0.13% at 91.77.