Philippines shares lower at close of trade; PSEi Composite down 0.19%

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Philippines shares lower at close of trade; PSEi Composite down 0.19%

Investing.com – Philippines equities were lower at the close on Monday, as losses in the Banking & Financials , Industrials and Services sectors propelled shares lower.

At the close in Philippines, the PSEi Composite fell 0.19%.

The biggest gainers of the session on the PSEi Composite were San Miguel Corp (PS: SMC ), which rose 3.00% or 4.20 points to trade at 144.00 at the close. Semirara Mining Corp (PS: SCC ) added 2.24% or 0.65 points to end at 29.65 and Energy Development Corp (PS: EDC ) was up 1.95% or 0.100 points to 5.240 in late trade.

Biggest losers included BDO Unibank Inc (PS: BDO ), which lost 2.19% or 2.90 points to trade at 129.40 in late trade. PLDT Inc (PS: TEL ) declined 2.08% or 29.00 points to end at 1366.00 and Bank of the Philippine Islands (PS: BPI ) shed 1.81% or 1.80 points to 97.70.

Declining stocks outnumbered rising ones by 104 to 84 and 54 ended unchanged on the Philippines Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.67% or 8.60 to $1282.70 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.45% or 0.32 to hit $71.69 a barrel, while the July Brent oil contract rose 0.55% or 0.43 to trade at $78.94 a barrel.

CNY/PHP was up 0.09% to 8.2067, while USD/PHP rose 0.23% to 52.425.

The US Dollar Index Futures was up 0.25% at 93.81.

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