Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Property and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.56% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 2.44% or 0.400 points to trade at 16.800 at the close. Petron Corp (PS:PCOR) added 1.81% or 0.180 points to end at 10.100 and Globe Telecom Inc (PS:GLO) was up 1.19% or 24.000 points to 2034.000 in late trade.
Biggest losers included International Container Terminal Services Inc (PS:ICT), which lost 4.79% or 4.000 points to trade at 79.500 in late trade. Megaworld Corp (PS:MEG) declined 2.85% or 0.140 points to end at 4.780 and Bloomberry Resorts Corp (PS:BLOOM) shed 2.45% or 0.140 points to 5.580.
Declining stocks outnumbered rising ones by 109 to 78 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.12% or 1.55 to $1329.65 a troy ounce. Meanwhile, Crude oil for delivery in October rose 3.62% or 1.60 to hit $45.75 a barrel, while the November Brent oil contract rose 3.44% or 1.61 to trade at $48.44 a barrel.
CNY/PHP was down 0.04% to 6.9654, while USD/PHP fell 0.12% to 46.505.
The US Dollar Index was down 0.29% at 95.59.