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Published July 23, 2021, 4:59 PM The local stock market gave up some of the previous day’s gains to end lower week-on-week after government reimposed stricter quarantine measures after reporting the local transmission of the Delta variant. The main index ended 55.88 points or 0.85 percent lower to close at 6,520.74, after recovering some losses late in the session, with only the Services counter holding its ground while the Property sector led the retreat. Volume rose to 2.22 billion shares worth P8.9 billion as losers outnumbered gainers more than 4-to-1 at 172 to 41 with only 24 unchanged. “Philippine shares were sold once more as investors stayed on the sidelines to see how the delta variant would spread and what would be the government’s response to this,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

Metro manilaPhilippines generalClaire alviarLuis limlinganHealth departmentRegina capital development corporationPhilstocks financial researchNational capital regionNational capitalFinancial researchEngagement officer claire alviarDelta variantமெட்ரோ மணிலாஆரோக்கியம் துறைரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்தேசிய மூலதனம் பகுதி