Investing.com – Philippines equities were lower at the close on Monday, as losses in the Industrials, Holding Firms and Services sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.47% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 6.60% or 0.390 points to trade at 6.300 at the close. International Container Terminal Services Inc (PS:ICT) added 1.26% or 0.810 points to end at 64.900 and San Miguel Corp (PS:SMC) was up 0.75% or 0.500 points to 67.500 in late trade.
Biggest losers included DMCI Holdings Inc (PS:DMC), which lost 4.01% or 0.500 points to trade at 11.980 in late trade. First Gen Corp (PS:FGEN) declined 3.60% or 0.73 points to end at 19.52 and Megaworld Corp (PS:MEG) shed 3.45% or 0.130 points to 3.640.
Declining stocks outnumbered rising ones by 152 to 47 and 34 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.45% or 5.85 to $1296.35 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.89% or 0.41 to hit $45.51 a barrel, while the July Brent oil contract fell 1.33% or 0.63 to trade at $46.74 a barrel.
CNY/PHP was down 0.19% to 7.2543, while USD/PHP fell 0.19% to 46.965.
The US Dollar Index was down 0.13% at 92.90.