Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Holding Firms and Banking & Financials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.16%.
The biggest gainers of the session on the PSEi Composite were Sm Prime Hldgs (PS:SMPH), which rose 8.25% or 1.750 points to trade at 22.950 at the close. Gt Capital Hol (PS:GTCAP) added 6.21% or 76.000 points to end at 1299.000 and Aboitiz Equity (PS:AEV) was up 2.55% or 1.400 points to 56.300 in late trade.
Biggest losers included San Miguel Cor (PS:SMC), which lost 4.40% or 2.050 points to trade at 44.500 in late trade. Ayala Land (PS:ALI) declined 3.24% or 1.150 points to end at 34.350 and Intl Container (PS:ICT) shed 3.00% or 2.100 points to 67.950.
Declining stocks outnumbered rising ones by 128 to 48 and 16 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.86% or 9.20 to $1066.50 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.49% or 0.17 to hit $35.45 a barrel, while the February Brent oil contract fell 0.25% or 0.10 to trade at $38.23 a barrel.
CNY/PHP was up 0.17% to 7.3292, while USD/PHP rose 0.23% to 47.340.
The US Dollar Index was up 0.34% at 97.94.