MANILA, Philippines — Local stocks closed lower as investors opted to secure gains in a market struggling to find exciting catalysts. The Philippine Stock Exchange Index (PSEi) dropped 0.78 percent, or 47.54 points, to finish at 6,031.48. The broader All Shares Index also ended in the red. It lost 0.36 percent, or 12.49 points, to 3,446.96. All the major sectors suffered losses on Thursday, with the property sector getting the sharpest decline at 1.62 percent. READ: Nasdaq tumbles on renewed angst over AI building boom Anemic session Philstocks financial research manager Japhet Tantiangco said the trading session was “anemic,” as the […]... Keep on reading: Philippine shares down on lack of fresh catalysts