Page 10 - மூத்தவர் ஆராய்ச்சி ஆய்வாளர் ஜாபெட் லூயிஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

January 22, 2021 | 6:31 pm Font Size COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. LOCAL shares ended lower on Friday as investor optimism was dampened on the lack of positive catalysts and the ongoing coronavirus disease 2019 (COVID-19) pandemic. Continuing its decline for a sixth consecutive day, the 30-member Philippine Stock Exchange index (PSEi) dropped 94.46 points or 1.32% to close at 7,045.83, while the broader all-shares index fell 39.29 points or 0.91% to end at 4,261.69. In a mobile phone message, Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said the local bourse ended lower due to a lack of positive catalysts. “Optimistic expectations towards the local economy is seen to be waning amid the lack of a catalyst while COVID-19 concerns continue to weigh on sentiment,” Mr. Tantiangco said.

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