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PH index ends gaining streak

PROFIT taking on Thursday snapped the market's three-day rally, prompting the index to slip out of the 7,000 level anew.

The local stock barometer Philippine Stock Exchange index (PSEi) dropped 1.5 percent or 106.15 points to its intraday low 6,951.30, while the wider All Shares lost 1.23 percent or 54.29 points to close at 4,354.85.