Profit-taking drags PSEi in mixed trade

DESPITE moving on a positive note through most of the session, the benchmark index dipped during the afternoon trade as investors opted to take profit and gave the broader market more of a mixed direction than a definite trend.

The Philippine Stock Exchange index (PSEi) dipped 0.07 percent or 5.69 points to 7,601.17, while the All Shares edged lower by 0.02 percent or 0.79 points to 4,351.39.