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Shares down ahead of BSP rate decision
The Philippine Star
|February 11, 2025
Investors stayed on the sidelines ahead of the policy meeting of the Bangko Sentral ng Pilipinas later this week.C
The benchmark Philippine Stock Exchange index fell by 1.92 percent or 117.87 points to close yesterday's session at 6,037.12, while the broader All Shares index dropped by 1.27 percent or 46.37 points to end at 3,617.27.
"Philippine shares kicked off the trading week in the red as investors await the latest MSCI rebalancing results, while others will be taking cues from fresh new economic data and possibly more developments on the geopolitical front," Luis Limlingan of Regina Capital said.
This story is from the February 11, 2025 edition of The Philippine Star.
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