Local stocks eased on Thursday after a slight gain the day before as geopolitical concerns weighed on the benchmark Philippine Stock Exchange index (PSEi).

Despite starting on a positive note early in the trading session, the PSEi retreated by day’s end, finishing down just 0.04 percent, or 3.03 points to close at 6,889.89, while the wider All Shares index also slid by 0.01 percent or 0.51 points to close at 4,125.18.

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