Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Industrials, Mining & Oil and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 0.27%.
The best performers of the session on the PSEi Composite were Bank of the Philippine Islands (PS:BPI), which rose 1.71% or 1.50 points to trade at 89.00 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 1.54% or 0.300 points to end at 19.800 and SM Investments Corp (PS:SM) was up 1.25% or 11.00 points to 890.00 in late trade.
The worst performers of the session were Metropolitan Bank and Trust Co (PS:MBT), which fell 2.72% or 1.90 points to trade at 67.85 at the close. Jollibee Foods Corp (PS:JFC) declined 2.39% or 6.00 points to end at 245.00 and DMCI Holdings Inc (PS:DMC) was down 2.18% or 0.240 points to 10.780.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 103 to 80 and 48 ended unchanged.
Shares in Metropolitan Bank and Trust Co (PS:MBT) fell to 52-week lows; losing 2.72% or 1.90 to 67.85.
Gold Futures for August delivery was up 0.47% or 5.90 to $1261.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.22% or 0.16 to hit $73.64 a barrel, while the September Brent oil contract rose 0.66% or 0.51 to trade at $77.62 a barrel.
CNY/PHP was up 0.53% to 8.0698, while USD/PHP rose 0.13% to 53.395.
The US Dollar Index Futures was down 0.28% at 93.50.