Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Industrials, Holding Firms and Banking & Financials sectors led shares lower.
At the close in Philippines, the PSEi Composite fell 1.47% to hit a new 1-month low.
The best performers of the session on the PSEi Composite were Petron (PS:PCOR), which rose 2.17% or 0.150 points to trade at 7.050 at the close. Meanwhile, Megaworld Corp (PS:MEG) added 2.12% or 0.090 points to end at 4.340 and Gt Capital Hol (PS:GTCAP) was up 2.02% or 25.000 points to 1260.000 in late trade.
The worst performers of the session were San Miguel Cor (PS:SMC), which fell 8.67% or 4.400 points to trade at 46.350 at the close. Bloomberry Res (PS:BLOOM) declined 7.86% or 0.470 points to end at 5.510 and Alliance Globa (PS:AGI) was down 6.50% or 1.180 points to 16.960.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 120 to 66 and 13 ended unchanged.
Shares in Bloomberry Res (PS:BLOOM) fell to 3-years lows; down 7.86% or 0.470 to 5.510. Shares in Alliance Globa (PS:AGI) fell to 52-week lows; down 6.50% or 1.180 to 16.960.
Gold for December delivery was down 0.72% or 8.30 to $1137.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.68% or 0.31 to hit $45.39 a barrel, while the November Brent oil contract fell 0.70% or 0.34 to trade at $48.26 a barrel.
CNY/PHP was up 0.10% to 7.3424, while USD/PHP rose 0.02% to 46.767.
The US Dollar Index was down 0.04% at 96.32.