Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Mining & Oil and Holding Firms sectors propelled shares higher.
At the close in Philippines, the PSEi Composite gained 1.40%.
The biggest gainers of the session on the PSEi Composite were Sm Investment (PS:SM), which rose 4.29% or 37.000 points to trade at 897.000 at the close. Philex Mining (PS:PX) added 3.24% or 0.180 points to end at 5.740 and Megaworld Corp (PS:MEG) was up 3.16% or 0.150 points to 4.900 in late trade.
Biggest losers included Bk Of Phi Isla (PS:BPI), which lost 0.95% or 0.90 points to trade at 94.00 in late trade. Lt Group (PS:LTG) declined 0.63% or 0.080 points to end at 12.560 and Petron (PS:PCOR) shed 0.60% or 0.050 points to 8.360.
Advancing stocks outnumbered falling ones by 108 to 69 and 19 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.25% or 2.90 to $1155.00 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.01% or 1.06 to hit $51.68 a barrel, while the September Brent oil contract fell 2.17% or 1.28 to trade at $57.72 a barrel.
CNY/PHP was up 0.17% to 7.2736, while USD/PHP rose 0.15% to 45.155.
The US Dollar Index was up 0.55% at 96.48.