Investing.com – Philippines stocks were higher after the close on Monday, as gains in the Holding Firms, Property and Banking & Financials sectors led shares higher.
At the close in Philippines, the PSEi Composite added 1.34%.
The best performers of the session on the PSEi Composite were GT Capital Holdings Inc (PS:GTCAP), which rose 3.25% or 50.000 points to trade at 1590.000 at the close. Meanwhile, SM Investments Corp (PS:SM) added 2.83% or 19.500 points to end at 708.500 and Bloomberry Resorts Corp (PS:BLOOM) was up 2.68% or 0.150 points to 5.750 in late trade.
The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 1.57% or 4.000 points to trade at 251.000 at the close. Globe Telecom Inc (PS:GLO) declined 0.71% or 16.000 points to end at 2252.000 and First Gen Corp (PS:FGEN) was down 0.58% or 0.15 points to 25.75.
Rising stocks outnumbered declining ones on the Philippines Stock Exchange by 117 to 78 and 41 ended unchanged.
Shares in GT Capital Holdings Inc (PS:GTCAP) rose to all time highs; up 3.25% or 50.000 to 1590.000. Shares in SM Investments Corp (PS:SM) rose to 52-week highs; rising 2.83% or 19.500 to 708.500.
Gold for December delivery was down 0.17% or 2.35 to $1355.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.62% or 0.26 to hit $41.34 a barrel, while the October Brent oil contract fell 0.53% or 0.23 to trade at $43.30 a barrel.
CNY/PHP was down 0.34% to 7.0713, while USD/PHP fell 0.31% to 46.955.
The US Dollar Index was up 0.06% at 95.59.