Manila, March 27 -- Local shares reversed its path Thursday after gaining in the previous trading, while the peso ended strong against the US dollar.

The Philippine Stock Exchange index (PSEi) fell 0.43 percent to 6,139.51 points, and the broader All Shares by 0.39 percent to 3,662.36 level.

Half of the sectoral indices gained, namely Mining and Oil, 0.81 percent; Property, 0.13 percent; and Financials, 0.06 percent.

Losers for the day were Industrial, down by 1.27 percent; Services, 1.11 percent; and Holding Firms, 0.29 percent.

"The local market resumed its decline after a one-day rebound amid the negative spillovers from Wall Street driven by US President Donald Trump's recently announced auto-tariffs," Philstocks Financial researc...