Philippine shares eased further from recent record levels that analysts said have made the stocks “expensive,” while investors found no fresh catalysts to push the market forward.

The Philippine Stock Exchange index (PSEi) shed 0.18 percent or 13.91 points to close at 7,833.03. The broader All Shares index dropped 0.16 percent or 7.09 points to 4,478.03.

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