SHARES of the Manuel Pangilinan-led Philippine Long Distance Telephone Co. (PLDT) slumped by more than 5 percent by the midday market recess Wednesday on the company’s poor third-quarter earnings performance.
As of 1:37 p.m., PLDT was the most actively traded issue on the Philippine Stock Exchange index (PSEi) and also the most active loser, down 5.27 percent or P166 at P2,982 apiece after opening at P3,080 per share.
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