Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.23%.
The biggest gainers of the session on the PSEi Composite were Manila Electric Co (PS:MER), which rose 3.66% or 10.80 points to trade at 305.80 at the close. LT Group Inc (PS:LTG) added 3.22% or 0.560 points to end at 17.960 and Jollibee Foods Corp (PS:JFC) was up 2.31% or 5.80 points to 257.00 in late trade.
Biggest losers included Semirara Mining Corp (PS:SCC), which lost 3.13% or 1.20 points to trade at 37.10 in late trade. Ayala Land Inc (PS:ALI) declined 2.97% or 1.300 points to end at 42.500 and SM Investments Corp (PS:SM) shed 2.76% or 27.00 points to 953.00.
Declining stocks outnumbered rising ones by 115 to 71 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for December delivery was up 0.21% or 2.65 to $1276.85 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.04% or 0.02 to hit $56.72 a barrel, while the January Brent oil contract fell 0.16% or 0.10 to trade at $63.42 a barrel.
CNY/PHP was down 0.10% to 7.7076, while USD/PHP fell 0.09% to 51.190.
The US Dollar Index Futures was up 0.21% at 94.50.