Washington is suggesting pushing back the trade deal with Beijing until next year drove market sentiment down, sending the local bourse to the red territory for second straight day.
The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.50 percent or 39.25 points to end at 7,815.93 while the wider All Shares slipped by 0.50 percent or 23.39 points to finish at 4,657.81.