Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Banking & Financials and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite rose 0.50%.
The biggest gainers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 2.59% or 0.110 points to trade at 4.350 at the close. Universal Robina Corp (PS:URC) added 2.32% or 3.70 points to end at 163.30 and Ayala Land Inc (PS:ALI) was up 1.87% or 0.700 points to 38.100 in late trade.
Biggest losers included LT Group Inc (PS:LTG), which lost 1.72% or 0.280 points to trade at 15.960 in late trade. GT Capital Holdings Inc (PS:GTCAP) declined 1.12% or 14.00 points to end at 1235.00 and Robinsons Land Corp (PS:RLC) shed 0.83% or 0.200 points to 24.000.
Declining stocks outnumbered rising ones by 96 to 92 and 42 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.09% or 1.08 to $1254.68 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.99% or 0.50 to hit $51.17 a barrel, while the July Brent oil contract rose 0.93% or 0.50 to trade at $54.11 a barrel.
CNY/PHP was up 0.02% to 7.2142, while USD/PHP rose 0.19% to 49.745.
The US Dollar Index Futures was up 0.30% at 97.29.