Dovish BSP douses PSEI gains

MANILA, Philippines — Last-minute profit-taking after intraday gains on positive sentiment encouraged by the dovish stance of the Monetary Board prompted the Philippine Stock Exchange index (PSEi) to end the week in the red territory. The benchmark PSEi slid 0.14 percent, or 9.51 points, to close at 6,618.69 while the wider All-Shares index dipped 0.01
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