The Philippine Stock Exchange index (PSEi) retreated to 7,686.43 yesterday down 0.48 percent or 36.71 points due to profit taking. The broader All Shares index was down 0.41 percent or 18.53 points to 4,467.01.
Joyce Anne Ramos, investment analyst at AB Capital Securities Inc., said investors took profits after the market breached the 7,800-point barrier on Tuesday, recording all time intraday high of 7807.71.
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