Investing.com – Philippines equities were higher at the close on Monday, as gains in the Holding Firms, Industrials and Property sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.78%.
The biggest gainers of the session on the PSEi Composite were Universal Robina Corp (PS:URC), which rose 2.99% or 4.90 points to trade at 168.90 at the close. Megaworld Corp (PS:MEG) added 2.27% or 0.100 points to end at 4.510 and SM Investments Corp (PS:SM) was up 2.26% or 17.50 points to 792.50 in late trade.
Biggest losers included GT Capital Holdings Inc (PS:GTCAP), which lost 0.67% or 8.00 points to trade at 1192.00 in late trade. BDO Unibank Inc (PS:BDO) declined 0.57% or 0.70 points to end at 121.30 and Globe Telecom Inc (PS:GLO) shed 0.56% or 12.00 points to 2144.00.
Declining stocks outnumbered rising ones by 100 to 93 and 49 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for August delivery was down 0.33% or 4.16 to $1252.34 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.51% or 0.23 to hit $44.74 a barrel, while the August Brent oil contract fell 0.38% or 0.18 to trade at $47.19 a barrel.
CNY/PHP was down 0.03% to 7.3240, while USD/PHP rose 0.07% to 49.931.
The US Dollar Index Futures was up 0.02% at 96.89.