Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Holding Firms, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.29%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.66% or 0.190 points to trade at 5.380 at the close. Meanwhile, Metropolitan Bank and Trust Co (PS:MBT) added 3.07% or 2.80 points to end at 93.95 and JG Summit Holdings Inc (PS:JGS) was up 2.74% or 2.250 points to 84.500 in late trade.
The worst performers of the session were International Container Terminal Services Inc (PS:ICT), which fell 2.06% or 1.300 points to trade at 61.950 at the close. Philippine Long Distance Telephone Company (PS:TEL) declined 1.91% or 37.00 points to end at 1903.00 and Philex Mining Corp (PS:PX) was down 1.83% or 0.160 points to 8.600.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 95 to 87 and 54 ended unchanged.
Shares in Megaworld Corp (PS:MEG) rose to 52-week highs; rising 3.66% or 0.190 to 5.380.
Gold for December delivery was down 0.55% or 7.45 to $1336.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.29% or 0.54 to hit $42.34 a barrel, while the October Brent oil contract rose 1.20% or 0.53 to trade at $44.80 a barrel.
CNY/PHP was down 0.45% to 7.0293, while USD/PHP fell 0.31% to 46.830.
The US Dollar Index was up 0.05% at 96.24.