Investing.com – Philippines equities were lower at the close on Monday, as losses in the Holding Firms, Services and Property sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 1.77%.
The biggest gainers of the session on the PSEi Composite were Philex Mining (PS:PX), which rose 1.60% or 0.080 points to trade at 5.070 at the close. Megaworld Corp (PS:MEG) added 0.96% or 0.040 points to end at 4.220 and San Miguel Cor (PS:SMC) was up 0.62% or 0.300 points to 49.000 in late trade.
Biggest losers included Jg Summit (PS:JGS), which lost 4.81% or 3.400 points to trade at 67.300 in late trade. Dmci Holdings (PS:DMC) declined 4.44% or 0.520 points to end at 11.200 and Bloomberry Res (PS:BLOOM) shed 4.35% or 0.300 points to 6.600.
Declining stocks outnumbered rising ones by 137 to 37 and 20 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was down 0.05% or 0.60 to $1120.80 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.94% or 0.43 to hit $45.62 a barrel, while the October Brent oil contract fell 1.09% or 0.54 to trade at $49.07 a barrel.
CNY/PHP was down 0.16% to 7.3726, while USD/PHP rose 0.00% to 46.934.
The US Dollar Index was down 0.02% at 96.23.