Investing.com – Philippines equities were higher at the close on Monday, as gains in the Property, Holding Firms and Services sectors propelled shares higher.
At the close in Philippines, the PSEi Composite added 2.28%.
The biggest gainers of the session on the PSEi Composite were Sm Investment (PS:SM), which rose 6.24% or 52.500 points to trade at 894.500 at the close. Energy Develop (PS:EDC) added 5.58% or 0.290 points to end at 5.490 and Ayala Land (PS:ALI) was up 4.81% or 1.650 points to 35.950 in late trade.
Biggest losers included Philex Mining (PS:PX), which lost 2.36% or 0.120 points to trade at 4.970 in late trade. San Miguel Cor (PS:SMC) declined 2.29% or 1.100 points to end at 46.950 and Lt Group (PS:LTG) shed 0.32% or 0.040 points to 12.460.
Advancing stocks outnumbered falling ones by 108 to 72 and 12 ended unchanged on the Philippines Stock Exchange.
In commodities trading, Gold for December delivery was up 0.25% or 2.80 to $1106.10 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.47% or 0.21 to hit $44.42 a barrel, while the November Brent oil contract fell 1.12% or 0.55 to trade at $48.49 a barrel.
CNY/PHP was down 0.14% to 7.3440, while USD/PHP fell 0.26% to 46.765.
The US Dollar Index was down 0.12% at 95.26.