The Philippine Stock Exchange index (PSEi) slipped back to the 7,200 points level on Monday on profit-taking pressure following the previous day’s climb past 7,300 points.

After slipping in and out of negative territory, the benchmark index ended down 38.28 points or 0.52 percent at 7,286.85, while the wider All Shares lost 8.03 points or 0.19 percent to 4,292.34.

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