Stocks extend losing streak amid lack of catalysts

Local stocks plunged anew on lack of major catalysts to buck macroeconomic concerns locally and abroad.

- By RICHMOND MERCURIO

The benchmark Philippine Stock Exchange index fell for a third straight session, declining by 0.96 percent or 64.05 points to close at 6,638.54.

The broader All Shares index likewise dropped by 0.67 percent or 25.14 points to end at 3,734.94. Luis Limlingan of Regina Capital said the market extended losses as investors reacted to US president-elect Donald Trump's tariff threats against China, Canada and Mexico.