Investing.com – Philippines equities were lower at the close on Monday, as losses in the Banking & Financials, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.86% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 1.41% or 0.50 points to trade at 35.95 at the close. SM Prime Holdings Inc (PS:SMPH) added 0.69% or 0.250 points to end at 36.250 and Universal Robina Corp (PS:URC) was up 0.59% or 0.90 points to 153.90 in late trade.
Biggest losers included Emperador Inc (PS:EMP), which lost 4.19% or 0.330 points to trade at 7.550 in late trade. Manila Electric Co (PS:MER) declined 2.81% or 9.40 points to end at 325.00 and BDO Unibank Inc (PS:BDO) shed 2.58% or 4.00 points to 151.00.
Advancing stocks outnumbered falling ones by 122 to 95 and 41 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.33% or 4.40 to $1327.80 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.85% or 0.52 to hit $61.77 a barrel, while the May Brent oil contract rose 0.79% or 0.51 to trade at $64.88 a barrel.
CNY/PHP was up 0.08% to 8.1949, while USD/PHP rose 0.01% to 51.980.
The US Dollar Index Futures was up 0.07% at 90.01.