Stocks slip on profit-taking; peso remains firm
MANILA - The Philippine Stock Exchange index (PSEi) finished the week in the negative territory due to correction, but the peso remained firm against the US dollar as it even touched the 49-level. A day after posting gains, the main stocks index shed 0.91 percent, or 66.19 points, to 7,181.86 points. All Shares trailed with a 0.42 percent, or 16.19 points, decline to 3,822.26 points. Most of the sectoral gauges also slipped, led by the Holding Firms at 1.20 percent. Property followed with a drop of 1.03 percent along with the Services, 0.65 percent; Financials, 0.63 percent; and Industrial, 0....