Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Holding Firms, Industrials and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 1.75% to hit a new all time high.
The best performers of the session on the PSEi Composite were San Miguel Corp (PS:SMC), which rose 5.43% or 5.50 points to trade at 106.80 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 4.05% or 3.000 points to end at 77.000 and SM Investments Corp (PS:SM) was up 3.21% or 31.00 points to 998.00 in late trade.
The worst performers of the session were GT Capital Holdings Inc (PS:GTCAP), which fell 1.00% or 12.00 points to trade at 1188.00 at the close. SM Prime Holdings Inc (PS:SMPH) declined 0.94% or 0.350 points to end at 37.050 and Emperador Inc (PS:EMP) was 0.00% or 0.000 points to 7.180.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 104 to 95 and 42 ended unchanged.
Shares in SM Investments Corp (PS:SM) rose to all time highs; rising 3.21% or 31.00 to 998.00.
Gold Futures for December delivery was up 0.08% or 1.00 to $1270.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.68% or 0.38 to hit $56.02 a barrel, while the January Brent oil contract rose 0.72% or 0.45 to trade at $62.52 a barrel.
CNY/PHP was up 0.07% to 7.7229, while USD/PHP fell 0.02% to 51.240.
The US Dollar Index Futures was up 0.04% at 94.87.