Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Services and Industrials sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 0.45% to hit a new 3-month high.
The biggest gainers of the session on the PSEi Composite were Robinsons Land Corp (PS:RLC), which rose 4.56% or 1.100 points to trade at 25.200 at the close. GT Capital Holdings Inc (PS:GTCAP) added 4.43% or 52.00 points to end at 1225.00 and Emperador Inc (PS:EMP) was up 3.04% or 0.190 points to 6.450 in late trade.
Biggest losers included Metro Pacific Investments Corp (PS:MPI), which lost 2.13% or 0.140 points to trade at 6.420 in late trade. SM Investments Corp (PS:SM) declined 1.49% or 11.00 points to end at 727.00 and Aboitiz Power Corp (PS:AP) shed 0.95% or 0.40 points to 41.80.
Advancing stocks outnumbered falling ones by 99 to 88 and 52 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold Futures for June delivery was down 0.20% or 2.55 to $1254.75 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.67% or 0.35 to hit $52.59 a barrel, while the June Brent oil contract rose 0.76% or 0.42 to trade at $55.66 a barrel.
CNY/PHP was down 0.40% to 7.1826, while USD/PHP fell 0.35% to 49.615.
The US Dollar Index Futures was up 0.08% at 101.16.