Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Property, Banking & Financials and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.54%.
The best performers of the session on the PSEi Composite were Lt Group (PS:LTG), which rose 2.80% or 0.420 points to trade at 15.260 at the close. Meanwhile, Manila Electri (PS:MER) added 1.09% or 3.200 points to end at 298.000 and Philex Mining (PS:PX) was up 0.18% or 0.010 points to 5.550 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 4.13% or 0.200 points to trade at 4.620 at the close. Bloomberry Res (PS:BLOOM) declined 3.92% or 0.390 points to end at 9.650 and Sm Prime Hldgs (PS:SMPH) was down 3.29% or 0.700 points to 20.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 130 to 50 and 15 ended unchanged.
Shares in Manila Electri (PS:MER) rose to 52-week highs; gaining 1.09% or 3.200 to 298.000.
Gold for December delivery was up 1.58% or 17.20 to $1103.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.45% or 0.21 to hit $47.92 a barrel, while the September Brent oil contract fell 0.33% or 0.18 to trade at $54.44 a barrel.
CNY/PHP was down 0.05% to 7.3321, while USD/PHP fell 0.05% to 45.530.
The US Dollar Index was down 0.68% at 96.68.