PHILIPPINE equities lost more than 1 percent in earlier trades on Thursday, as lower crude oil prices and fears of a September interest rate hike in the US prompted a sell-off.

After descending to the 7,600 territory intra-day, the benchmark PSEi closed at 7,773.31—down 0.18 percent or 14.06 points. The broader All Shares fell by 0.40 percent or 18.53 points to 4,615.35.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details