Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Mining & Oil, Banking & Financials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.53% to hit a new 52-week low.
The best performers of the session on the PSEi Composite were LT Group Inc (PS:LTG), which rose 2.68% or 0.520 points to trade at 19.900 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 1.64% or 0.320 points to end at 19.880 and Megaworld Corp (PS:MEG) was up 1.54% or 0.070 points to 4.630 in late trade.
The worst performers of the session were JG Summit Holdings Inc (PS:JGS), which fell 5.43% or 3.100 points to trade at 54.000 at the close. Bank of the Philippine Islands (PS:BPI) declined 3.65% or 3.50 points to end at 92.35 and PLDT Inc (PS:TEL) was down 3.55% or 46.00 points to 1251.00.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 155 to 47 and 40 ended unchanged.
Shares in JG Summit Holdings Inc (PS:JGS) fell to 3-years lows; down 5.43% or 3.100 to 54.000. Shares in Bank of the Philippine Islands (PS:BPI) fell to 52-week lows; falling 3.65% or 3.50 to 92.35. Shares in PLDT Inc (PS:TEL) fell to 5-year lows; down 3.55% or 46.00 to 1251.00.
Gold Futures for August delivery was up 0.41% or 5.30 to $1283.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.19% or 0.77 to hit $64.08 a barrel, while the August Brent oil contract rose 0.01% or 0.01 to trade at $73.45 a barrel.
CNY/PHP was up 0.02% to 8.2956, while USD/PHP rose 0.06% to 53.435.
The US Dollar Index Futures was up 0.21% at 94.65.