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Philippine shares closed lower Monday as investors took profits in the absence of fresh market leads and following the Dow Jones Industrial Average's 1.1 percent fall.
PETALING JAYA: Strong growth from overseas units may boost sentiment on local big banks like Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, as well as regional mobile player Axiata Group Bhd, ahead of the their latest quarterly results to be released later this month.
CHICAGO: Could David be losing his historical edge over Goliath in the stock market? Investors are starting to wonder.