Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Industrials and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite declined 0.06%.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 2.47% or 2.40 points to trade at 99.40 at the close. SM Investments Corp (PS:SM) added 1.73% or 15.00 points to end at 882.00 and GT Capital Holdings Inc (PS:GTCAP) was up 1.46% or 14.50 points to 1010.00 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 6.16% or 85.00 points to trade at 1295.00 in late trade. JG Summit Holdings Inc (PS:JGS) declined 2.57% or 1.550 points to end at 58.750 and Aboitiz Equity Ventures Inc (PS:AEV) shed 2.46% or 1.600 points to 63.400.
Declining stocks outnumbered rising ones by 128 to 74 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.54% or 7.10 to $1296.60 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.62% or 1.10 to hit $66.78 a barrel, while the August Brent oil contract fell 1.31% or 1.00 to trade at $75.47 a barrel.
CNY/PHP was down 0.33% to 8.2066, while USD/PHP fell 0.26% to 52.480.
The US Dollar Index Futures was down 0.19% at 94.03.