Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Mining & Oil, Industrials and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.56% to hit a new 3-months low.
The best performers of the session on the PSEi Composite were Bdo Unibank (PS:BDO), which rose 1.50% or 1.60 points to trade at 108.60 at the close. Meanwhile, Aboitiz Power (PS:AP) added 0.82% or 0.35 points to end at 43.10 and Phi Long Dis T (PS:TEL) was up 0.43% or 12.00 points to 2796.00 in late trade.
The worst performers of the session were Robinsons Land (PS:RLC), which fell 4.66% or 1.350 points to trade at 27.650 at the close. Bloomberry Res (PS:BLOOM) declined 2.99% or 0.280 points to end at 9.100 and Megaworld Corp (PS:MEG) was down 2.73% or 0.130 points to 4.640.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 101 to 67 and 25 ended unchanged.
Gold for August delivery was up 0.42% or 4.90 to $1173.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.48% or 0.28 to hit $58.84 a barrel, while the July Brent oil contract fell 0.32% or 0.20 to trade at $63.10 a barrel.
CNY/PHP was up 0.54% to 7.2735, while USD/PHP rose 0.58% to 45.140.
The US Dollar Index was down 0.15% at 96.24.