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Shares Drop Anew On Profit Taking
The Philippine Star
|February 08, 2025
Local stocks finished the week on a sour note as investors continued to cash in following the market's recent rally.
The benchmark Philippine Stock Exchange index (PSEi) dropped for the second consecutive session, shedding 1.39 percent or 86.98 points to 6,154.99.
The broader All Shares index likewise fell in the negative territory, slipping by 0.63 percent or 23.41 points to settle at 3,663.64.
"Philippine investors took profits ahead of the weekend, assessing the latest CPI report and global developments," Luis Limlingan of Regina Capital said.
Denne historien er fra February 08, 2025-utgaven av The Philippine Star.
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