Net outflows, factory data drag PSEi

By Tyrone Jasper C. Piad

Dec 04, 2019 12:22 am

NET foreign outflows and the soft growth in manufacturing activity last month prompted the stock market to retreat on Tuesday, but remained in the 7,800 territory.

The benchmark Philippine Stock Exchange index (PSEi) slid by 0.28 percent or 22.01 points to close at 7,855.18, while the wider All Shares fell 0.12 percent or 5.48 points to end at 4,681.20.

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