Weaker peso, somber Wall Street stop PSEi rally

Investors took profits after a two-day rally, causing the Philippine Stock Exchange index (PSEi) to drop on Tuesday, but it remained on the 7,500 level. The benchmark index dropped by 0.23 percent, or 17.43 points, to settle at 7,537.25 while the broader All-Shares index fell by 0.14 percent, or 5.56 points, to close at 4,077.41.
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