Investing.com – Philippines equities were lower at the close on Monday, as losses in the Mining & Oil, Industrials and Holding Firms sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.56% to hit a new 3-month low.
The biggest gainers of the session on the PSEi Composite were Bdo Unibank (PS:BDO), which rose 1.50% or 1.60 points to trade at 108.60 at the close. Aboitiz Power (PS:AP) added 0.82% or 0.35 points to end at 43.10 and Phi Long Dis T (PS:TEL) was up 0.43% or 12.00 points to 2796.00 in late trade.
Biggest losers included Robinsons Land (PS:RLC), which lost 4.66% or 1.350 points to trade at 27.650 in late trade. Bloomberry Res (PS:BLOOM) declined 2.99% or 0.280 points to end at 9.100 and Megaworld Corp (PS:MEG) shed 2.73% or 0.130 points to 4.640.
Declining stocks outnumbered rising ones by 101 to 67 and 25 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was up 0.44% or 5.10 to $1173.20 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.47% or 0.28 to hit $58.85 a barrel, while the July Brent oil contract fell 0.32% or 0.20 to trade at $63.10 a barrel.
CNY/PHP was up 0.54% to 7.2735, while USD/PHP rose 0.58% to 45.140.
The US Dollar Index was down 0.15% at 96.23.