Profit-taking pulls down stocks index; peso up
DOWN ANEW. Profit-taking results in the negative close of the Philippine Stock Exchange index (PSEi) on Thursday (April 21, 2022). However, the peso gained against the US dollar. (PNA file photo) MANILA - The main stocks index slipped on Thursday after several days on the rise but the peso gained against the US dollar. The Philippine Stock Exchange index (PSEi) shed 1.13 percent, or 80.93 points, to 7,061.49 points. All Shares followed with a drop of 0.65 percent, or 24.59 points, to 3,752.54 points. Most of the sectoral gauges also finished the day on the red, led by Property, which fell by 2...
Source: philippinetimes.com