Investing.com – Philippines stocks were lower after the close on Monday, as losses in the Banking & Financials, Property and Holding Firms sectors led shares lower.
At the close in Philippines, the PSEi Composite lost 1.99% to hit a new 6-months low.
The best performers of the session on the PSEi Composite were Emperador Inc (PS:EMP), which rose 2.44% or 0.170 points to trade at 7.150 at the close. Meanwhile, LT Group Inc (PS:LTG) added 2.36% or 0.300 points to end at 13.000 and DMCI Holdings Inc (PS:DMC) was up 2.33% or 0.300 points to 13.200 in late trade.
The worst performers of the session were SM Prime Holdings Inc (PS:SMPH), which fell 5.56% or 1.600 points to trade at 27.200 at the close. San Miguel Corp (PS:SMC) declined 5.00% or 5.000 points to end at 95.000 and Megaworld Corp (PS:MEG) was down 4.90% or 0.170 points to 3.300.
Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 131 to 61 and 34 ended unchanged.
Gold for February delivery was up 0.38% or 4.30 to $1141.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.83% or 0.44 to hit $53.39 a barrel, while the February Brent oil contract rose 0.72% or 0.40 to trade at $55.61 a barrel.
CNY/PHP was up 0.07% to 7.1833, while USD/PHP rose 0.07% to 49.993.
The US Dollar Index was down 0.28% at 102.64.