Investing.com – Philippines equities were higher at the close on Monday, as gains in the Holding Firms, Banking & Financials and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.29%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.66% or 0.190 points to trade at 5.380 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 3.07% or 2.80 points to end at 93.95 and JG Summit Holdings Inc (PS:JGS) was up 2.74% or 2.250 points to 84.500 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 2.06% or 1.300 points to trade at 61.950 in late trade. Philippine Long Distance Telephone Company (PS:TEL) declined 1.91% or 37.00 points to end at 1903.00 and Philex Mining Corp (PS:PX) shed 1.83% or 0.160 points to 8.600.
Declining stocks outnumbered rising ones by 95 to 87 and 54 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.55% or 7.45 to $1336.95 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.29% or 0.54 to hit $42.34 a barrel, while the October Brent oil contract rose 1.20% or 0.53 to trade at $44.80 a barrel.
CNY/PHP was down 0.45% to 7.0293, while USD/PHP fell 0.31% to 46.830.
The US Dollar Index was up 0.06% at 96.25.