Profit-taking sends PSEi below 7,400

The bourse retreated below 7,400 on Wednesday after its four-session rally toward the bull territory pushed traders to book profits. The Philippine Stock Exchange Index (PSEi) shed 0.94 percent, or 69.59 points, to 7,362.62. The broader All Shares Index was down by 0.60 percent, or 23.86 points, to 3,939.64. A total of 1.07 billion shares
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