Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Banking & Financials, Holding Firms and Property sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.59%.
The best performers of the session on the PSEi Composite were SM Prime Holdings Inc (PS:SMPH), which rose 3.92% or 0.950 points to trade at 25.200 at the close. Meanwhile, Bank of the Philippine Islands (PS:BPI) added 2.63% or 2.50 points to end at 97.50 and DMCI Holdings Inc (PS:DMC) was up 2.48% or 0.320 points to 13.200 in late trade.
The worst performers of the session were Petron Corp (PS:PCOR), which fell 4.66% or 0.540 points to trade at 11.060 at the close. Bloomberry Resorts Corp (PS:BLOOM) declined 3.61% or 0.190 points to end at 5.070 and Energy Development Corp (PS:EDC) was down 3.45% or 0.190 points to 5.310.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 127 to 56 and 42 ended unchanged.
Gold for August delivery was up 0.71% or 9.05 to $1284.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.02% or 0.50 to hit $48.57 a barrel, while the August Brent oil contract fell 0.79% or 0.40 to trade at $50.14 a barrel.
CNY/PHP was down 0.53% to 7.0009, while USD/PHP fell 0.19% to 46.095.
The US Dollar Index was down 0.04% at 94.59.