Share prices tumbled after weaker-than-expected gross domestic product (GDP) results for the third quarter dashed market optimism on Thursday, especially as traders had room to cash in on the previous day’s year-to-date high.
The Philippine Stock Exchange index (PSEi) lost 1.24 percent or 91.25 points to close at 7,265.34, while the All Shares index slid 1.05 percent or 45.42 points to end the session at 4,279.97.
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