Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Mining & Oil, Banking & Financials and Property sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 0.17% to hit a new 52-week low.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 7.12% or 105.00 points to trade at 1580.00 at the close. Meanwhile, Ayala Corp (PS:AC) added 1.42% or 13.00 points to end at 929.00 and Metro Pacific Investments Corp (PS:MPI) was up 1.37% or 0.070 points to 5.170 in late trade.
The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 5.15% or 1.50 points to trade at 27.65 at the close. DMCI Holdings Inc (PS:DMC) declined 4.63% or 0.500 points to end at 10.300 and LT Group Inc (PS:LTG) was down 3.65% or 0.800 points to 21.100.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 92 to 89 and 46 ended unchanged.
Shares in Semirara Mining Corp (PS:SCC) fell to 52-week lows; down 5.15% or 1.50 to 27.65. Shares in DMCI Holdings Inc (PS:DMC) fell to 3-years lows; falling 4.63% or 0.500 to 10.300.
Gold Futures for June delivery was down 0.13% or 1.70 to $1313.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.95% or 0.66 to hit $70.38 a barrel, while the July Brent oil contract rose 0.84% or 0.63 to trade at $75.50 a barrel.
CNY/PHP was up 0.33% to 8.1518, while USD/PHP rose 0.36% to 51.880.
The US Dollar Index Futures was up 0.18% at 92.59.