Investing.com – Philippines equities were higher at the close on Monday, as gains in the Mining & Oil, Property and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 1.01% to hit a new 6-month high.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 12.22% or 0.760 points to trade at 6.980 at the close. JG Summit Holdings Inc (PS:JGS) added 4.28% or 3.900 points to end at 95.000 and San Miguel Corp (PS:SMC) was up 3.83% or 2.700 points to 73.200 in late trade.
Biggest losers included Bloomberry Resorts Corp (PS:BLOOM), which lost 4.66% or 0.220 points to trade at 4.500 in late trade. International Container Terminal Services Inc (PS:ICT) declined 2.34% or 1.500 points to end at 62.500 and Alliance Global Group Inc (PS:AGI) shed 2.33% or 0.340 points to 14.260.
Advancing stocks outnumbered falling ones by 125 to 71 and 46 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.80% or 10.15 to $1282.85 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.80% or 0.83 to hit $47.04 a barrel, while the July Brent oil contract rose 1.76% or 0.84 to trade at $48.67 a barrel.
CNY/PHP was down 0.34% to 7.1199, while USD/PHP fell 0.51% to 46.430.
The US Dollar Index was down 0.11% at 94.50.