PSEi slips ahead of US economic report; peso firms up
MANILA - The Philippine Stock Exchange index (PSEi) ended Tuesday in the negative territory ahead of the release of some major economic reports in the US but the peso gained against the US dollar. After several days of rally, the main equities gauge declined by 0.77 percent, or 54.98 points, to 7,085.69 points. All the other counters also finished the day down, with the All Shares lower by 0.64 percent, or 24.42 points, to 3,775.46 points. The Mining and Oil index registered the biggest decrease with 1.37 percent and was followed by the Property, 1.29 percent; Industrial, 0.89 percent; Holding...
Source: philippinetimes.com