Manila, Sept. 3 -- Sustained selling pressures resulted in another drop of the Philippine Stock Exchange index Wednesday, but the Philippine peso was able to regain its footing against the US dollar.

The main equities index shed 0.75 percent to 6,082.93 points, and the All Shares by 0.47 percent to 3,663.62 points.

Most of the sectoral gauges also finished on the red, namely Property, 1.39 percent; Services, 1.20 percent; Financials, 0.83 percent, and Industrial, 0.82 percent.

However, Mining and Oil rose by 1.28 percent and Holding Firms by 0.34 percent.

Sans the large block sales in the previous session, volume only reached 705.16 million on Wednesday, amounting to PHP5.37 billion.

Decliners led advancers at 109 to 91, while 56 sha...