Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Holding Firms, Banking & Financials and Industrials sectors led shares lower.
At the close in Philippines, the PSEi Composite declined 0.33%.
The best performers of the session on the PSEi Composite were PLDT Inc (PS:TEL), which rose 3.12% or 49.00 points to trade at 1619.00 at the close. Meanwhile, SM Prime Holdings Inc (PS:SMPH) added 1.79% or 0.500 points to end at 28.500 and LT Group Inc (PS:LTG) was up 1.43% or 0.220 points to 15.640 in late trade.
The worst performers of the session were Jollibee Foods Corp (PS:JFC), which fell 3.14% or 5.90 points to trade at 182.10 at the close. Metropolitan Bank and Trust Co (PS:MBT) declined 3.10% or 2.40 points to end at 75.05 and Ayala Corp (PS:AC) was down 2.31% or 19.50 points to 825.50.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 90 to 80 and 51 ended unchanged.
Shares in Jollibee Foods Corp (PS:JFC) fell to 52-week lows; losing 3.14% or 5.90 to 182.10.
Gold Futures for April delivery was up 0.73% or 9.15 to $1257.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.90% or 0.43 to hit $47.54 a barrel, while the June Brent oil contract fell 0.69% or 0.35 to trade at $50.57 a barrel.
CNY/PHP was down 0.07% to 7.2842, while USD/PHP fell 0.23% to 50.086.
The US Dollar Index Futures was down 0.65% at 98.94.