Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Banking & Financials, Holding Firms and Services sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.86% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Semirara Mining Corp (PS:SCC), which rose 1.41% or 0.50 points to trade at 35.95 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 0.69% or 0.250 points to end at 36.250 and Universal Robina Corp (PS:URC) was up 0.59% or 0.90 points to 153.90 in late trade.
The worst performers of the session were Emperador Inc (PS:EMP), which fell 4.19% or 0.330 points to trade at 7.550 at the close. Manila Electric Co (PS:MER) declined 2.81% or 9.40 points to end at 325.00 and BDO Unibank Inc (PS:BDO) was down 2.58% or 4.00 points to 151.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 122 to 95 and 41 ended unchanged.
Gold Futures for April delivery was up 0.33% or 4.40 to $1327.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.85% or 0.52 to hit $61.77 a barrel, while the May Brent oil contract rose 0.79% or 0.51 to trade at $64.88 a barrel.
CNY/PHP was up 0.08% to 8.1949, while USD/PHP rose 0.01% to 51.980.
The US Dollar Index Futures was up 0.07% at 90.01.