Investing.com – Philippines equities were lower at the close on Monday, as losses in the Holding Firms, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.60% to hit a new 6-month low.
The biggest gainers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 3.85% or 1.000 points to trade at 27.000 at the close. International Container Terminal Services Inc (PS:ICT) added 2.48% or 1.800 points to end at 74.450 and Emperador Inc (PS:EMP) was up 2.11% or 0.150 points to 7.250 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 6.13% or 0.620 points to trade at 9.500 in late trade. Ayala Corp (PS:AC) declined 3.99% or 29.500 points to end at 710.000 and SM Investments Corp (PS:SM) shed 3.85% or 25.000 points to 625.000.
Declining stocks outnumbered rising ones by 122 to 61 and 40 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.67% or 7.85 to $1169.95 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.41% or 0.21 to hit $51.89 a barrel, while the February Brent oil contract rose 0.24% or 0.13 to trade at $54.59 a barrel.
CNY/PHP was up 0.09% to 7.2117, while USD/PHP rose 0.09% to 49.666.
The US Dollar Index was up 0.17% at 100.92.