Banking and property-related stocks slipped, reflecting reaction to the Monetary Board’s decision from earlier in the week, pulling the local equities market into a modest decline.
The Philippine Stock Exchange index (PSEi) dipped by 0.18 percent or 12.58 points to close at 7,103.55 on Friday, while the broader All Shares index lost 0.81 percent or 3.96 points to 4,195.87.
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