Lo­cal stocks close lower

Manila Bulletin - - Business -

Lo­cal stocks dropped fur­ther yes­ter­day in con­tin­u­ing price cor­rec­tion due to profit-tak­ing. The bench­mark Philip­pine Stock Ex­change in­dex (PSEi) closed 57.27 points or 0.78 per­cent lower at 7,254.55. The wider All-Shares in­dex also fell by 28.29 points or 0.64 per­cent at 4,379.98. Trad­ing vol­ume thinned out with 2.68 bil­lion val­ued at R5.95 bil­lion chang­ing hands. De­clin­ers swamped gain­ers, 113-69, with 61 is­sues un­changed.

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