MANILA, Philippines (AP) - Philippine shares fell Friday for the fourth straight session as investors continued to lighten their holdings, spooked by the volatile political climate and a wider implementation of value added tax, traders said.
The benchmark 30-company Philippine Stock Exchange Index dropped 28.98 points, or 1.5 percent, to 1,895.25, raising the losses to 3.5 percent since Tuesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!