Stocks ease as investors stay on sidelines
MANILA, Philippines – The stock market continued its descent yesterday as investors remained cautious ahead of the policy meeting in the US.
The Philippine Stock Exchange index (PSEi) fell 0.52 percent or 38.21 points for its third consecutive session losing streak, settling at 7,211.92.
The broader All Shares index likewise followed the decline, finishing 1.41 percent lower at 4,321.54.
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