Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Services and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 1.06%.
The biggest gainers of the session on the PSEi Composite were First Gen Corp (PS:FGEN), which rose 1.39% or 0.30 points to trade at 21.90 at the close. Philex Mining Corp (PS:PX) added 0.93% or 0.050 points to end at 5.450 and Globe Telecom Inc (PS:GLO) was up 0.65% or 14.000 points to 2168.000 in late trade.
Biggest losers included Petron Corp (PS:PCOR), which lost 7.45% or 0.820 points to trade at 10.180 in late trade. Bloomberry Resorts Corp (PS:BLOOM) declined 7.02% or 0.330 points to end at 4.370 and SM Prime Holdings Inc (PS:SMPH) shed 3.72% or 0.850 points to 22.000.
Declining stocks outnumbered rising ones by 124 to 51 and 47 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.09% or 1.10 to $1235.70 a troy ounce. Meanwhile, Crude oil for delivery in June fell 4.32% or 1.80 to hit $39.91 a barrel, while the June Brent oil contract fell 3.99% or 1.72 to trade at $41.38 a barrel.
CNY/PHP was up 0.24% to 7.1310, while USD/PHP rose 0.07% to 46.195.
The US Dollar Index was down 0.04% at 94.64.