Philippine share prices on Wednesday posted back-to-back losses as investors continued to cash in on gains following the local market’s ascent to new highs in the previous week.

At the Philippine Stock Exchange (PSE), the composite index lost 43.86 points or 0.93 percent to 4,670.49, while the broader all-shares index gave up 20.95 points or 0.66 percent to 3,157.36.

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