Investing.com – Philippines equities were lower at the close on Monday, as losses in the Holding Firms, Banking & Financials and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.33%.
The biggest gainers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 3.12% or 49.00 points to trade at 1619.00 at the close. SM Prime Holdings Inc (PS:SMPH) added 1.79% or 0.500 points to end at 28.500 and LT Group Inc (PS:LTG) was up 1.43% or 0.220 points to 15.640 in late trade.
Biggest losers included Jollibee Foods Corp (PS:JFC), which lost 3.14% or 5.90 points to trade at 182.10 in late trade. Metropolitan Bank and Trust Co (PS:MBT) declined 3.10% or 2.40 points to end at 75.05 and Ayala Corp (PS:AC) shed 2.31% or 19.50 points to 825.50.
Declining stocks outnumbered rising ones by 90 to 80 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.73% or 9.15 to $1257.65 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.90% or 0.43 to hit $47.54 a barrel, while the June Brent oil contract fell 0.67% or 0.34 to trade at $50.58 a barrel.
CNY/PHP was down 0.07% to 7.2842, while USD/PHP fell 0.23% to 50.086.
The US Dollar Index Futures was down 0.65% at 98.94.