Monday 19 February 2018
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6 days ago

Stock price index continues to decline

The local stock barometer slipped on Monday as investors remained jittery over the recent global market volatility. The Philippine Stock Exchange index (PSEi) shed 15.78 points or 0.19 percent to close at 8,487.91, bucking the rebound across regional markets. Local stockbrokerage Papa Securities said it continued to remain wary even as the US market had ended positively last Friday. Papa Securities said it might be best to raise cash, sell on strength near the index s initial resistance at 8,700 and kee

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