Investing.com – Philippines equities were higher at the close on Monday, as gains in the Banking & Financials, Holding Firms and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.27%.
The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 1.67% or 1.300 points to trade at 79.100 at the close. Energy Development Corp (PS:EDC) added 1.56% or 0.090 points to end at 5.870 and GT Capital Holdings Inc (PS:GTCAP) was up 1.30% or 18.000 points to 1406.000 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 3.67% or 0.380 points to trade at 9.980 in late trade. Philex Mining Corp (PS:PX) declined 2.73% or 0.150 points to end at 5.350 and Bloomberry Resorts Corp (PS:BLOOM) shed 1.97% or 0.100 points to 4.980.
Declining stocks outnumbered rising ones by 97 to 92 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was down 0.42% or 5.10 to $1218.40 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.01% or 0.37 to hit $36.42 a barrel, while the June Brent oil contract fell 0.67% or 0.26 to trade at $38.41 a barrel.
CNY/PHP was up 0.18% to 7.1165, while USD/PHP rose 0.18% to 46.105.
The US Dollar Index was up 0.14% at 94.71.