7,000 woes: The tough wall that investors just can’t tear down

The 7,000 level remained elusive as profit-takers continued to pull the benchmark index away from a seemingly tough wall that just won’t break easily. By the closing bell on Thursday, the Philippine Stock Exchange Index (PSEi) lost 0.96 percent, or 66.46 points, to 6,891.55. The broader All Shares Index, meanwhile, declined by 0.70 percent, or
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