Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Mining & Oil and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 1.25%.
The biggest gainers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 3.04% or 42.000 points to trade at 1422.000 at the close. Jollibee Foods Corp (PS:JFC) added 1.44% or 3.000 points to end at 212.000 and First Gen Corp (PS:FGEN) was up 0.88% or 0.20 points to 23.00 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 4.17% or 50.000 points to trade at 1150.000 in late trade. Petron Corp (PS:PCOR) declined 3.09% or 0.300 points to end at 9.400 and Metro Pacific Investments Corp (PS:MPI) shed 2.94% or 0.200 points to 6.610.
Advancing stocks outnumbered falling ones by 87 to 84 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.46% or 5.55 to $1214.25 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.55% or 0.72 to hit $47.08 a barrel, while the January Brent oil contract rose 1.54% or 0.72 to trade at $47.58 a barrel.
CNY/PHP was up 0.34% to 7.2347, while USD/PHP rose 0.45% to 49.890.
The US Dollar Index was down 0.32% at 101.09.