MANILA — The Philippine peso fell against the greenback while the local bourse took a tumble on Monday.
The local currency finished the day’s trade at 51.87, weaker than last Friday’s 51.675. It opened the day at 51.68 with an intra-day high of 51.92.
The Philippine Stock Exchange meanwhile lost 12.91 points, or 0.17 percent, to close at 7,533.28. The broader All Shares declined by 3.69 points, or 0.08 percent, to 4,601.61 points.
The losing sectors were led by the Mining and Oil counter, which dropped by 2.88 percent and was followed by Financials, 0.48 percent; Property, 0.30 percent; and Holding Firms, 0.20 percent.
On the other hand, the industrial and services counters gained 0.47 percent and 0.35 percent, respectively.
Volume reached 1.098 billion shares valued at PHP5.895 billion.
There were 92 decliners that outnumbered 89 advancers, while 46 issues remained unchanged. (Filane Mikee Cervantes/PNA)
