Stock market drops ahead of rate decisions

Sep 27, 2018 12:26 am

The stock market extended a retreat on Wednesday with investors again in selling mode ahead of today’s Monetary Board meeting.

The Philippine Stock Exchange index (PSEi)dropped by 0.87 percent or 63.96 points to close at 7,268.21. It touched bear level during intra-day trading by falling to as low as 7,205.04.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.