PSEi back at 7,800 as blue chip shares fall

Jan 17, 2019 12:13 am

THE stock market fell back to the 7,800 level on Wednesday, led by a decline in shares of blue chips SM Prime Holdings Inc. (SMPH) and Ayala Corp. (AC).

The bellwether Philippine Stock Exchange index (PSEi) dropped by 1.86 percent or 148.72 points to close at 7,864.70. The wider All Shares lost 1.54 percent or 73.49 points to end at 4,715.13.

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