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Profit-taking ends market's run
The Philippine Star
|September 04, 2024
The local market snapped its two-day climb as investors opted to cash in while waiting for catalysts.
The benchmark Philippine Stock Exchange index lost 0.58 percent or 40.49 points to end yesterday’s session at 6,882.92.
The broader All Shares index was also in the red, declining by 0.55 percent or 20.63 points, settling at 3,730.78.
“Philippine shares slipped into the red as investors await the return of foreign funds after the US was on holiday for the Labor Day weekend,” Luis Limlingan of Regina Capital said.
This story is from the September 04, 2024 edition of The Philippine Star.
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