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Profit-taking snaps two-day rally

The Philippine Star

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October 09, 2024

The local bourse ended in red territory yesterday as investors pocketed some gains following a two-day rally.

- By BRIX LELIS

The Philippine Stock Exchange index (PSEi) retreated by 17.43 points, finishing 0.23 percent lower at 7,537.25, while the broader All Shares index slipped by 0.14 percent or 5.56 points to 4,077.41.

Philstocks Financial Inc. research manager Japhet Tantiangco said the PSEi pulled back due to profit-taking.

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