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

Philippines stocks lower at close of trade; PSEi Composite down 0.19% – Philippines stocks were lower after the close on Monday, as losses in the , and sectors led shares lower.

At the close in Philippines, the declined 0.19% to hit a new 1-month low.

The best performers of the session on the were Metropolitan Bank and Trust Co (PS:), which rose 2.72% or 2.60 points to trade at 98.10 at the close. Meanwhile, GT Capital Holdings Inc (PS:) added 2.32% or 30.00 points to end at 1325.00 and Emperador Inc (PS:) was up 2.00% or 0.150 points to 7.650 in late trade.

The worst performers of the session were Jollibee Foods Corp (PS:), which fell 3.08% or 9.00 points to trade at 283.00 at the close. DMCI Holdings Inc (PS:) declined 2.90% or 0.400 points to end at 13.400 and Semirara Mining Corp (PS:) was down 1.40% or 0.50 points to 35.30.

Falling stocks outnumbered advancing ones on the Philippines Stock Exchange by 118 to 93 and 36 ended unchanged.

Gold Futures for April delivery was up 0.65% or 8.60 to $1324.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.44% or 0.85 to hit $60.05 a barrel, while the April Brent oil contract rose 1.21% or 0.76 to trade at $63.55 a barrel.

CNY/PHP was up 0.01% to 8.2044, while USD/PHP rose 0.70% to 51.924.

The US Dollar Index Futures was down 0.11% at 90.12.

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