THE stock market touched a 10-month high on Wednesday but last-minute profit-taking dragged it down as the day ended.

The bellwether Philippine Stock Exchange index (PSEi) rose to as high as 8,213.71 during intraday trading, a level last hit in March last year, but then succumbed in the afternoon to close at the day’s low of 8,058.45 — down 11.03 points or 0.14 percent from Monday.