Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Property and Industrials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 0.55%.
The biggest gainers of the session on the PSEi Composite were Alliance Global Group Inc (PS:AGI), which rose 4.11% or 0.580 points to trade at 14.700 at the close. Metropolitan Bank and Trust Co (PS:MBT) added 2.42% or 2.10 points to end at 89.00 and JG Summit Holdings Inc (PS:JGS) was up 2.10% or 1.750 points to 84.950 in late trade.
Biggest losers included PLDT Inc (PS:TEL), which lost 4.33% or 76.00 points to trade at 1679.00 in late trade. Ayala Land Inc (PS:ALI) declined 3.97% or 1.550 points to end at 37.450 and First Gen Corp (PS:FGEN) shed 3.61% or 0.75 points to 20.00.
Declining stocks outnumbered rising ones by 110 to 86 and 51 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was up 0.15% or 1.82 to $1229.52 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.59% or 1.24 to hit $49.08 a barrel, while the July Brent oil contract rose 2.52% or 1.28 to trade at $52.12 a barrel.
CNY/PHP was up 0.03% to 7.2027, while USD/PHP fell 0.00% to 49.674.
The US Dollar Index Futures was down 0.10% at 98.95.