Pact delay drags PSEi for 2nd day

THE stock market plunged for a second straight day on worries that an interim trade agreement between the United States and China would not be signed.

The benchmark Philippine Stock Exchange index (PSEi) shed 1.002 percent or 79.17 points to finish at 7,818.89, while the wider All Shares slid 0.99 percent or 46.64 points to close at 4,670.76.