Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Holding Firms, Banking & Financials and Services sectors led shares higher.
At the close in Philippines, the PSEi Composite rose 0.27% to hit a new all time high.
The best performers of the session on the PSEi Composite were Phi Long Dis T (PS:TEL), which rose 2.40% or 68.00 points to trade at 2830.00 at the close. Meanwhile, Ayala Land (PS:ALI) added 2.26% or 0.850 points to end at 37.600 and Globe Telecom (PS:GLO) was up 1.90% or 38.000 points to 2040.000 in late trade.
The worst performers of the session were Sm Prime Hldgs (PS:SMPH), which fell 2.73% or 0.550 points to trade at 19.600 at the close. Philex Mining (PS:PX) declined 2.25% or 0.170 points to end at 7.400 and Alliance Globa (PS:AGI) was down 1.67% or 0.450 points to 26.500.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 116 to 84 and 13 ended unchanged.
Shares in Philex Mining (PS:PX) fell to 3-year lows; falling 2.25% or 0.170 to 7.400. Shares in Globe Telecom (PS:GLO) rose to all time highs; up 1.90% or 38.000 to 2040.000.
Gold for June delivery was down 1.00% or 12.00 to $1188.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.94% or 0.46 to hit $48.41 a barrel, while the May Brent oil contract fell 0.16% or 0.09 to trade at $56.32 a barrel.
CNY/PHP was up 0.15% to 7.2142, while USD/PHP rose 0.01% to 44.775.
The US Dollar Index was up 0.32% at 97.93.