Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Mining & Oil and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite lost 0.07%.
The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 2.31% or 1.500 points to trade at 66.500 at the close. International Container Terminal Services Inc (PS:ICT) added 2.03% or 1.350 points to end at 67.950 and Manila Electric Co (PS:MER) was up 1.78% or 6.000 points to 343.000 in late trade.
Biggest losers included San Miguel Corp (PS:SMC), which lost 3.11% or 2.300 points to trade at 71.750 in late trade. Alliance Global Group Inc (PS:AGI) declined 2.79% or 0.460 points to end at 16.000 and Philex Mining Corp (PS:PX) shed 2.56% or 0.150 points to 5.700.
Declining stocks outnumbered rising ones by 109 to 84 and 43 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for June delivery was up 0.54% or 6.65 to $1236.65 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.05% or 0.46 to hit $43.27 a barrel, while the July Brent oil contract fell 0.93% or 0.42 to trade at $44.65 a barrel.
CNY/PHP was up 0.34% to 7.2128, while USD/PHP rose 0.28% to 46.862.
The US Dollar Index was down 0.30% at 94.82.