Investing.com – Philippines equities were lower at the close on Monday, as losses in the Services, Property and Banking & Financials sectors propelled shares lower.
At the close in Philippines, the PSEi Composite fell 2.47%.
The biggest gainers of the session on the PSEi Composite were Petron Corp (PS:PCOR), which rose 5.32% or 0.520 points to trade at 10.300 at the close. First Gen Corp (PS:FGEN) unchanged 0.00% or 0.00 points to end at 22.20 and San Miguel Corp (PS:SMC) was unchanged 0.00% or 0.000 points to 94.900 in late trade.
Biggest losers included Ayala Land Inc (PS:ALI), which lost 5.58% or 1.950 points to trade at 33.000 in late trade. Universal Robina Corp (PS:URC) declined 5.01% or 8.600 points to end at 163.000 and Bank of the Philippine Islands (PS:BPI) shed 4.81% or 4.40 points to 87.00.
Declining stocks outnumbered rising ones by 105 to 82 and 41 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for February delivery was down 0.59% or 6.85 to $1155.05 a troy ounce. Meanwhile, Crude oil for delivery in January rose 4.62% or 2.38 to hit $53.88 a barrel, while the February Brent oil contract rose 4.64% or 2.52 to trade at $56.85 a barrel.
CNY/PHP was down 0.19% to 7.2126, while USD/PHP fell 0.18% to 49.825.
The US Dollar Index was down 0.07% at 101.53.