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PH stock index slips out of 7,000 territory

THE Philippine shares slipped out of the 7,000-point level anew on Tuesday amid inflation woes and concerns abroad.

The 30-member Philippine Stock Exchange index (PSEi) dropped 0.58 percent, or 40.81 points, to 6,980.02 while the wider All Shares shed 0.28 percent, or 10.41 points, to close at 3,712.39.