Investing.com – Philippines equities were higher at the close on Monday, as gains in the Banking & Financials, Property and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.41%.
The biggest gainers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 2.63% or 0.55 points to trade at 21.50 at the close. Bank of the Philippine Islands (PS:BPI) added 2.27% or 2.30 points to end at 103.50 and Metropolitan Bank and Trust Co (PS:MBT) was up 1.88% or 1.50 points to 81.50 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 3.15% or 0.280 points to trade at 8.620 in late trade. LT Group Inc (PS:LTG) declined 1.50% or 0.240 points to end at 15.780 and Aboitiz Power Corp (PS:AP) shed 1.08% or 0.45 points to 41.30.
Advancing stocks outnumbered falling ones by 100 to 78 and 50 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.27% or 3.40 to $1247.80 a troy ounce. Meanwhile, Crude oil for delivery in May unchanged 0.00% or 0.00 to hit $50.60 a barrel, while the June Brent oil contract fell 0.09% or 0.05 to trade at $53.48 a barrel.
CNY/PHP was down 0.07% to 7.2811, while USD/PHP fell 0.06% to 50.150.
The US Dollar Index Futures was down 0.06% at 100.36.