The bellwether Philippine Stock Exchange index (PSEi) slipped by 0.63 percent or 37.82 points to end at its intraday low of 5,928.45, while the broader All Shares shed 0.23 percent or 7.97 points to close at 3,500.27 on Thursday. “Given such concerns, investors have decided to book profits for today,” Tantiangco added. “This shows that many investors are still staying on the sidelines amid the uncertainties,” he said. This “tells us that selling pressure is waning and buyers can start coming back into the market with less resistance,” he added. Total volume turnover was at 1.34 billion shares, valued at P5.09 billion.

Source: Manila Times July 30, 2020 18:24 UTC