Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Mining & Oil and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.30%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 4.65% or 0.200 points to trade at 4.500 at the close. Aboitiz Power Corp (PS:AP) added 2.70% or 1.05 points to end at 39.95 and Security Bank Corp (PS:SECB) was up 1.84% or 4.00 points to 221.00 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 1.56% or 28.00 points to trade at 1770.00 in late trade. SM Investments Corp (PS:SM) declined 1.00% or 8.00 points to end at 795.00 and First Gen Corp (PS:FGEN) shed 0.74% or 0.14 points to 18.76.
Advancing stocks outnumbered falling ones by 119 to 72 and 53 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.44% or 5.47 to $1236.83 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.41% or 0.19 to hit $46.23 a barrel, while the September Brent oil contract rose 0.35% or 0.17 to trade at $48.94 a barrel.
CNY/PHP was up 0.18% to 7.4581, while USD/PHP rose 0.38% to 50.655.
The US Dollar Index Futures was up 0.32% at 95.70.