THE peso slipped while the stock market closed higher as trading resumed on Thursday following a long holiday break.

The currency weakened by six and a half centavos to P57.91 from its Dec. 27 close of P57.845. It opened at P57.9:$1 and ranged from P57.78 to P58.04. Volume reached P1.195 billion, down from the P1.517 billion seen at the end of last year.

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