THE Philippine Stock Exchange index (PSEi) declined by 7.19 points on Thursday to close at 6,575.67.
According to Philstocks Financial Inc. research associate Claire Alviar, last-minute profit-taking ensued as the market failed to manage to stay in the green and above the 6,600-support level as investors took some gains amid a lack of positive catalysts as they continued waiting for the decision of the Federal Reserve and Bangko Sentral ng Pilipinas on interest rates.
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