Investing.com – Philippines equities were lower at the close on Monday, as losses in the Industrials, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.63%.
The biggest gainers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 4.25% or 2.550 points to trade at 62.500 at the close. Bloomberry Res (PS:BLOOM) added 3.06% or 0.270 points to end at 9.100 and Lt Group (PS:LTG) was up 2.11% or 0.280 points to 13.580 in late trade.
Biggest losers included Sm Prime Hldgs (PS:SMPH), which lost 2.88% or 0.560 points to trade at 18.900 in late trade. Metro Pacifi I (PS:MPI) declined 2.86% or 0.130 points to end at 4.420 and Jg Summit (PS:JGS) shed 2.79% or 1.900 points to 66.100.
Declining stocks outnumbered rising ones by 104 to 78 and 21 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.13% or 1.50 to $1177.70 a troy ounce. Meanwhile, Crude oil for delivery in August fell 0.43% or 0.26 to hit $60.14 a barrel, while the August Brent oil contract fell 0.32% or 0.21 to trade at $64.43 a barrel.
CNY/PHP was down 0.25% to 7.2778, while USD/PHP fell 0.27% to 45.175.
The US Dollar Index was up 0.13% at 95.36.