Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Mining & Oil, Property and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.21% to hit a new 52-week high.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 4.21% or 0.360 points to trade at 8.920 at the close. Meanwhile, Robinsons Land Corp (PS:RLC) added 2.37% or 0.700 points to end at 30.200 and International Container Terminal Services Inc (PS:ICT) was up 1.69% or 1.050 points to 63.000 in late trade.
The worst performers of the session were Semirara Mining Corp (PS:SCC), which fell 2.07% or 2.6000 points to trade at 123.0000 at the close. Petron Corp (PS:PCOR) declined 2.00% or 0.220 points to end at 10.780 and Aboitiz Power Corp (PS:AP) was down 1.96% or 0.90 points to 45.00.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 99 to 93 and 41 ended unchanged.
Gold for August delivery was up 0.99% or 13.25 to $1352.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.37% or 0.18 to hit $49.17 a barrel, while the September Brent oil contract rose 0.40% or 0.20 to trade at $50.55 a barrel.
CNY/PHP was down 0.46% to 7.0244, while USD/PHP fell 0.33% to 46.815.
The US Dollar Index was up 0.21% at 95.92.