Investing.com – Philippines equities were higher at the close on Monday, as gains in the Mining & Oil, Property and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.21% to hit a new 52-week high.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.21% or 0.360 points to trade at 8.920 at the close. Robinsons Land Corp (PS:RLC) added 2.37% or 0.700 points to end at 30.200 and International Container Terminal Services Inc (PS:ICT) was up 1.69% or 1.050 points to 63.000 in late trade.
Biggest losers included Semirara Mining Corp (PS:SCC), which lost 2.07% or 2.6000 points to trade at 123.0000 in late trade. Petron Corp (PS:PCOR) declined 2.00% or 0.220 points to end at 10.780 and Aboitiz Power Corp (PS:AP) shed 1.96% or 0.90 points to 45.00.
Advancing stocks outnumbered falling ones by 99 to 93 and 41 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.99% or 13.25 to $1352.25 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.37% or 0.18 to hit $49.17 a barrel, while the September Brent oil contract rose 0.40% or 0.20 to trade at $50.55 a barrel.
CNY/PHP was down 0.46% to 7.0244, while USD/PHP fell 0.33% to 46.815.
The US Dollar Index was up 0.21% at 95.92.