Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Holding Firms, Services and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.67%.
The best performers of the session on the PSEi Composite were San Miguel Cor (PS:SMC), which rose 6.06% or 4.100 points to trade at 71.800 at the close. Meanwhile, Petron (PS:PCOR) added 1.94% or 0.190 points to end at 9.980 and Bloomberry Res (PS:BLOOM) was up 1.36% or 0.160 points to 11.800 in late trade.
The worst performers of the session were Megaworld Corp (PS:MEG), which fell 3.06% or 0.180 points to trade at 5.700 at the close. Aboitiz Power (PS:AP) declined 2.67% or 1.20 points to end at 43.80 and Sm Investment (PS:SM) was down 2.16% or 21.000 points to 949.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 114 to 83 and 11 ended unchanged.
Gold for June delivery was down 0.37% or 4.40 to $1200.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.25% or 1.16 to hit $52.80 a barrel, while the June Brent oil contract rose 2.29% or 1.35 to trade at $60.30 a barrel.
CNY/PHP was up 0.28% to 7.1958, while USD/PHP rose 0.37% to 44.720.
The US Dollar Index was up 0.33% at 99.95.