Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Property, Holding Firms and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 1.77%.
The best performers of the session on the PSEi Composite were Lt Group (PS:LTG), which rose 2.13% or 0.300 points to trade at 14.400 at the close. Meanwhile, Bloomberry Res (PS:BLOOM) added 1.30% or 0.040 points to end at 3.080 and Metro Pacifi I (PS:MPI) was up 0.78% or 0.040 points to 5.140 in late trade.
The worst performers of the session were Alliance Globa (PS:AGI), which fell 4.79% or 0.700 points to trade at 13.920 at the close. Petron (PS:PCOR) declined 4.36% or 0.250 points to end at 5.480 and Megaworld Corp (PS:MEG) was down 4.11% or 0.150 points to 3.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 141 to 39 and 11 ended unchanged.
Shares in Alliance Globa (PS:AGI) fell to 3-years lows; falling 4.79% or 0.700 to 13.920. Shares in Bloomberry Res (PS:BLOOM) rose to 3-years lows; up 1.30% or 0.040 to 3.080. Shares in Petron (PS:PCOR) fell to 3-years lows; down 4.36% or 0.250 to 5.480. Shares in Megaworld Corp (PS:MEG) fell to 52-week lows; down 4.11% or 0.150 to 3.500.
Gold for February delivery was down 0.25% or 2.70 to $1088.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.10% or 0.34 to hit $30.05 a barrel, while the March Brent oil contract fell 2.68% or 0.79 to trade at $28.46 a barrel.
CNY/PHP was up 0.00% to 7.2493, while USD/PHP fell 0.08% to 47.695.
The US Dollar Index was up 0.17% at 99.15.