Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Property and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.62%.
The biggest gainers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 0.92% or 0.600 points to trade at 65.800 at the close. Alliance Globa (PS:AGI) added 0.22% or 0.050 points to end at 22.750 and Robinsons Land (PS:RLC) was up 0.17% or 0.050 points to 28.600 in late trade.
Biggest losers included Megaworld Corp (PS:MEG), which lost 3.66% or 0.190 points to trade at 5.000 in late trade. Bloomberry Res (PS:BLOOM) declined 3.54% or 0.350 points to end at 9.550 and Metro Pacifi I (PS:MPI) shed 1.68% or 0.080 points to 4.690.
Declining stocks outnumbered rising ones by 132 to 59 and 18 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for August delivery was down 0.06% or 0.70 to $1204.20 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.75% or 0.45 to hit $59.27 a barrel, while the July Brent oil contract fell 0.73% or 0.48 to trade at $64.89 a barrel.
CNY/PHP was down 0.08% to 7.1941, while USD/PHP fell 0.01% to 44.617.
The US Dollar Index was up 0.29% at 96.53.