PSEi tracks US market decline, peso strengthens to 54 vs. dollar
MANILA, Jan. 10 -- The main equities index tracked the decline of most of its United States (US) counterparts but the peso gained to its lowest in over six months.
The Philippine Stock Exchange index (PSEi) shed 0.49 percent, or 33.55 points, to 6,756.69 points.
All Shares followed with a drop of 0.27 percent, or 9.74 points, to 3,559.23 points.
Most of the sectoral gauges also ended the day on the red, namely Industrial, 1.16 percent; Property, 1.13 percent; Financials, 1.09 percent; Mining and Oil, 0.75 percent; and Holding Firms, 0.08 percent.
Only the Services index gained during the day and rose by 0.78 percent.
Volume reached 2.51 billion shares amounting to PHP20.64 billion.
Decliners led advancers at 101 to 86 while 51 share...
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