Investing.com – Philippines equities were lower at the close on Monday, as losses in the Property, Banking & Financials and Mining & Oil sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.39%.
The biggest gainers of the session on the PSEi Composite were Aboitiz Equity Ventures Inc (PS:AEV), which rose 1.92% or 1.400 points to trade at 74.300 at the close. GT Capital Holdings Inc (PS:GTCAP) added 1.56% or 18.00 points to end at 1170.00 and PLDT Inc (PS:TEL) was up 1.19% or 18.00 points to 1530.00 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 2.46% or 0.160 points to trade at 6.340 in late trade. Bank of the Philippine Islands (PS:BPI) declined 2.34% or 2.40 points to end at 100.00 and Ayala Land Inc (PS:ALI) shed 1.64% or 0.600 points to 35.950.
Declining stocks outnumbered rising ones by 110 to 64 and 60 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for April delivery was up 0.26% or 3.25 to $1233.45 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.45% or 0.22 to hit $49.09 a barrel, while the May Brent oil contract fell 0.25% or 0.13 to trade at $51.63 a barrel.
CNY/PHP was down 0.25% to 7.2523, while USD/PHP fell 0.25% to 50.080.
The US Dollar Index Futures was down 0.16% at 99.98.