PSEi slips as investors lock in gains

MANILA, Philippines — The Philippine Stock Exchange index (PSEi) ended lower on Friday as investors took profits following the market’s recent rally. Still, trading activity remained upbeat and foreign funds stayed net buyers. The benchmark PSEi closed at 6,464.67, down 0.35 percent. This marked a pullback on the market’s final trading day of the week. The decline came after several sessions of gains, prompting some investors to pare positions. READ: Oil prices slump after Trump eases concerns over Iran, US stocks rise Despite the drop, trading was active. Net value turnover reached P6.81 billion. This exceeded the year-to-date average of […]... Keep on reading: PSEi slips as investors lock in gains