Investing.com – Philippines equities were higher at the close on Monday, as gains in the Mining & Oil, Services and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.61%.
The biggest gainers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 2.97% or 0.65 points to trade at 22.50 at the close. Energy Development Corp (PS:EDC) added 2.31% or 0.130 points to end at 5.760 and SM Prime Holdings Inc (PS:SMPH) was up 2.27% or 0.500 points to 22.500 in late trade.
Biggest losers included Robinsons Land Corp (PS:RLC), which lost 1.72% or 0.500 points to trade at 28.500 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 0.53% or 0.45 points to end at 84.55 and Universal Robina Corp (PS:URC) shed 0.46% or 1.000 points to 218.000.
Advancing stocks outnumbered falling ones by 121 to 69 and 39 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.55% or 6.80 to $1250.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.30% or 0.12 to hit $39.60 a barrel, while the June Brent oil contract fell 0.38% or 0.16 to trade at $41.78 a barrel.
CNY/PHP was down 0.02% to 7.1277, while USD/PHP rose 0.03% to 46.110.
The US Dollar Index was down 0.01% at 94.21.