Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Industrials and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.94%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 4.95% or 0.180 points to trade at 3.820 at the close. Universal Robina Corp (PS:URC) added 2.78% or 4.500 points to end at 166.500 and San Miguel Corp (PS:SMC) was up 2.71% or 2.700 points to 102.200 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 1.93% or 24.000 points to trade at 1221.000 in late trade. Manila Electric Co (PS:MER) declined 1.45% or 4.200 points to end at 285.400 and International Container Terminal Services Inc (PS:ICT) shed 1.04% or 0.800 points to 76.200.
Advancing stocks outnumbered falling ones by 97 to 91 and 48 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.37% or 4.55 to $1225.35 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.15% or 0.08 to hit $53.91 a barrel, while the April Brent oil contract rose 0.04% or 0.02 to trade at $56.83 a barrel.
CNY/PHP was down 0.07% to 7.2327, while USD/PHP fell 0.15% to 49.620.
The US Dollar Index Futures was up 0.26% at 99.95.