After moving back and forth into the 6,600-point territory during the week, Philippine shares fell back to the 6,500-level on Friday after a sell-off on Wall Street, mostly hitting technology stocks, triggered by a global market correction.
“Profit-taking ensued following declines in US markets,” Nisha Alicer, analyst at DA Market Securities Inc., said in a text message.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.