The negative overnight result of Wall Street cascaded down to the local shares, prompting it to slip to the 5,800 territory on Tuesday.
The bellwether Philippine Stock Exchange Index (PSEi) shed 0.26 percent or 15.04 points to its intraday high of 5,894.28, while the broader All Shares declined by 0.14 percent or 4.84 points to 3,543.93.
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