Market slips from last minute selling
The Philippine Star|May 18, 2024
The local stock market yesterday closed the week in the red, as investors went on a selling spree as a response to the news that interest rates may be brought down soon.
ELIJAH FELICE ROSALES

The Philippine Stock Exchange index (PSEi) slipped by 9.51 points, or 0.14 percent, to close at 6,618.69, while the broader All Shares index dipped by 0.37 point, or 0.01 percent, to settle at 3,524.15. Luis Limlingan, head of sales at

Regina Capital Development Corp. said the market erased all of its intraday gains, as investors sold their shares at the last minute. 

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