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Subgoal GDP growth pulls down PSEi

By Inquirer - 7 months ago
MANILA, Philippines — Slower-than-expected economic growth disappointed investors on Thursday, causing the benchmark index to plunge below the 6,600 level. The Philippine Stock Exchange Index (PSEi) shed 1.75 percent, or 116.72 points, to 6,542.46 by the end of the session. The broader All Shares Index likewise declined by one percent, or 35.02 points, to 3,481.55

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