Philippine shares reversed their previous gains and drove the index down 0.43 percent on the back of profit-taking from blue-chips Bloomberry Resorts Corp. and BDO Unibank.

The benchmark Stock Exchange index (PSEi) closed 30.91 points at 7,205.72, while the wider All Shares index lost 0.43 percent or 18.11 points at 4,243.68.

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