Investing.com – Philippines equities were higher at the close on Monday, as gains in the Holding Firms, Industrials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.75% to hit a new all time high.
The biggest gainers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 5.43% or 5.50 points to trade at 106.80 at the close. JG Summit Holdings Inc (PS:JGS) added 4.05% or 3.000 points to end at 77.000 and SM Investments Corp (PS:SM) was up 3.21% or 31.00 points to 998.00 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 1.00% or 12.00 points to trade at 1188.00 in late trade. SM Prime Holdings Inc (PS:SMPH) declined 0.94% or 0.350 points to end at 37.050 and Emperador Inc (PS:EMP) 0.00% or 0.000 points to 7.180.
Advancing stocks outnumbered falling ones by 104 to 95 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.08% or 1.00 to $1270.20 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.68% or 0.38 to hit $56.02 a barrel, while the January Brent oil contract rose 0.72% or 0.45 to trade at $62.52 a barrel.
CNY/PHP was up 0.07% to 7.7229, while USD/PHP fell 0.02% to 51.240.
The US Dollar Index Futures was up 0.04% at 94.87.