Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Mining & Oil, Property and Holding Firms sectors led shares higher.
At the close in Philippines, the PSEi Composite added 1.01% to hit a new 6-months high.
The best performers of the session on the PSEi Composite were Philex Mining Corp (PS:PX), which rose 12.22% or 0.760 points to trade at 6.980 at the close. Meanwhile, JG Summit Holdings Inc (PS:JGS) added 4.28% or 3.900 points to end at 95.000 and San Miguel Corp (PS:SMC) was up 3.83% or 2.700 points to 73.200 in late trade.
The worst performers of the session were Bloomberry Resorts Corp (PS:BLOOM), which fell 4.66% or 0.220 points to trade at 4.500 at the close. International Container Terminal Services Inc (PS:ICT) declined 2.34% or 1.500 points to end at 62.500 and Alliance Global Group Inc (PS:AGI) was down 2.33% or 0.340 points to 14.260.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 125 to 71 and 46 ended unchanged.
Shares in Philex Mining Corp (PS:PX) rose to 52-week highs; up 12.22% or 0.760 to 6.980. Shares in JG Summit Holdings Inc (PS:JGS) rose to all time highs; gaining 4.28% or 3.900 to 95.000.
Gold for June delivery was up 0.81% or 10.25 to $1282.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 1.82% or 0.84 to hit $47.05 a barrel, while the July Brent oil contract rose 1.82% or 0.87 to trade at $48.70 a barrel.
CNY/PHP was down 0.34% to 7.1199, while USD/PHP fell 0.51% to 46.430.
The US Dollar Index was down 0.11% at 94.50.