Investing.com – Philippines equities were higher at the close on Monday, as gains in the Holding Firms, Property and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.95% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were JG Summit Holdings Inc (PS:JGS), which rose 3.80% or 3.000 points to trade at 82.000 at the close. SM Prime Holdings Inc (PS:SMPH) added 3.26% or 0.700 points to end at 22.150 and Universal Robina Corp (PS:URC) was up 2.64% or 5.400 points to 210.000 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 1.88% or 0.550 points to trade at 28.650 in late trade. Semirara Mining Corp (PS:SCC) declined 1.85% or 2.5000 points to end at 132.5000 and Philex Mining Corp (PS:PX) shed 1.83% or 0.110 points to 5.890.
Advancing stocks outnumbered falling ones by 95 to 74 and 33 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for April delivery was down 0.93% or 11.70 to $1242.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 1.51% or 0.62 to hit $40.52 a barrel, while the May Brent oil contract fell 1.14% or 0.47 to trade at $40.73 a barrel.
CNY/PHP was down 0.36% to 7.1389, while USD/PHP fell 0.32% to 46.305.
The US Dollar Index was up 0.24% at 95.30.