Thursday 20 September 2018
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5 months ago

PSEi slightly down

The local stock barometer slipped in thin trade on Monday as most investors lacked incentive to make big moves. The main-share Philippine Stock Exchange index (PSEi) shed 29.73 points or 0.38 percent to close at 7,870.25. Local stock brokerage Papa Securities said the market s weakness could be a buying opportunity. The momentum has strengthened from the oversold level seen a couple of days ago, the brokerage said. The day s decline was led by the services counter, which fell by 1.09 percent. The fi

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