PSEi down further as investors protect previous gains

Investors continued to sell off their positions to bag some profits, pushing the Philippine Stock Exchange Index (PSEi) further into the red territory. The benchmark PSEi fell by 1.50 percent, or 112.73 points, to close at 7,424.52 while the broader All-Shares index slipped by 1.08 percent, or 44.05 points, to settle at 4,033.36. “The local
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