Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Banking & Financials and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.73% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 4.82% or 0.82 points to trade at 17.82 at the close. Energy Development Corp (PS:EDC) added 1.83% or 0.100 points to end at 5.560 and Universal Robina Corp (PS:URC) was up 0.76% or 1.00 points to 133.00 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 3.29% or 3.500 points to trade at 103.000 in late trade. Petron Corp (PS:PCOR) declined 2.60% or 0.250 points to end at 9.350 and Globe Telecom Inc (PS:GLO) shed 2.56% or 46.00 points to 1750.00.
Declining stocks outnumbered rising ones by 119 to 67 and 55 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for February delivery was down 0.42% or 5.40 to $1276.90 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.70% or 0.41 to hit $57.95 a barrel, while the February Brent oil contract fell 0.38% or 0.24 to trade at $63.49 a barrel.
CNY/PHP was up 0.78% to 7.6585, while USD/PHP rose 0.85% to 50.685.
The US Dollar Index Futures was up 0.31% at 93.10.