Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Services, Banking & Financials and Mining & Oil sectors led shares higher.
At the close in Philippines, the PSEi Composite added 0.39% to hit a new 1-month high.
The best performers of the session on the PSEi Composite were Globe Telecom Inc (PS:GLO), which rose 6.29% or 106.000 points to trade at 1790.000 at the close. Meanwhile, PLDT Inc (PS:TEL) added 4.21% or 62.00 points to end at 1536.00 and SM Prime Holdings Inc (PS:SMPH) was up 2.00% or 0.600 points to 30.600 in late trade.
The worst performers of the session were San Miguel Corp (PS:SMC), which fell 2.61% or 2.550 points to trade at 95.150 at the close. LT Group Inc (PS:LTG) declined 2.42% or 0.320 points to end at 12.880 and Ayala Land Inc (PS:ALI) was down 1.59% or 0.550 points to 33.950.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 105 to 86 and 48 ended unchanged.
Gold for February delivery was up 0.30% or 3.55 to $1176.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.43% or 0.23 to hit $53.76 a barrel, while the March Brent oil contract fell 0.40% or 0.23 to trade at $56.87 a barrel.
CNY/PHP was down 0.16% to 7.1470, while USD/PHP rose 0.06% to 49.553.
The US Dollar Index was up 0.03% at 102.20.