• PSEi falls below 8,100 on profit-taking


    SHARE prices fell further in early trading on Monday as investors continued to pocket earlier gains in the absence of fresh market-moving incentives.

    At the noon break, the bellwether index shed 1.02 percent or 83.28 points to 8,060.74. The broader All Shares lost 0.97 percent or 46.55 points to 4,739.41.

    “[There is] no new good news to propel the market so there was continued profit-taking,” BDO Capital and Investments Corp. President Ed Francisco said.

    All sectors were in the red, with the property index the biggest decliner, retreating by 1.41 percent. ANGELICA BALLESTEROS


    Please follow our commenting guidelines.

    Comments are closed.