Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Property, Banking & Financials and Industrials sectors led shares higher.
At the close in Philippines, the PSEi Composite gained 0.10%.
The best performers of the session on the PSEi Composite were Megaworld Corp (PS:MEG), which rose 3.16% or 0.130 points to trade at 4.240 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 1.70% or 0.400 points to end at 23.900 and Aboitiz Equity Ventures Inc (PS:AEV) was up 1.39% or 1.000 points to 73.000 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 3.76% or 0.160 points to trade at 4.090 at the close. JG Summit Holdings Inc (PS:JGS) declined 1.73% or 1.600 points to end at 90.950 and Universal Robina Corp (PS:URC) was down 1.28% or 2.600 points to 200.000.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 88 to 88 and 39 ended unchanged.
Shares in Aboitiz Equity Ventures Inc (PS:AEV) rose to all time highs; rising 1.39% or 1.000 to 73.000.
Gold for June delivery was down 0.15% or 1.90 to $1251.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.99% or 0.48 to hit $47.93 a barrel, while the July Brent oil contract fell 0.84% or 0.41 to trade at $48.31 a barrel.
CNY/PHP was up 0.00% to 7.1397, while USD/PHP rose 0.07% to 46.775.
The US Dollar Index was up 0.03% at 95.32.