Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Industrials and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 2.21% to hit a new 1-month low.
The biggest gainers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 1.50% or 1.80 points to trade at 121.80 at the close. First Gen Corp (PS:FGEN) unchanged 0.00% or 0.00 points to end at 16.00 and Aboitiz Equity Ventures Inc (PS:AEV) was down 0.40% or 0.300 points to 75.000 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 5.11% or 0.330 points to trade at 6.130 in late trade. DMCI Holdings Inc (PS:DMC) declined 4.95% or 0.720 points to end at 13.840 and SM Prime Holdings Inc (PS:SMPH) shed 4.60% or 1.700 points to 35.250.
Declining stocks outnumbered rising ones by 169 to 33 and 38 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was down 0.01% or 0.10 to $1337.20 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.16% or 0.76 to hit $64.69 a barrel, while the April Brent oil contract fell 1.20% or 0.82 to trade at $67.76 a barrel.
CNY/PHP was down 0.19% to 8.1776, while USD/PHP fell 0.34% to 51.472.
The US Dollar Index Futures was down 0.04% at 89.00.