THE stock market finished lower on Thursday, but stayed above the 8,000 territory, as investors repositioned portfolios ahead of the Philippine Statistics Authority’s release of official inflation data for June today.
The bellwether Philippine Stock Exchange index (PSEi) traded marginally higher at intraday trading before losing some steam to end the day down by 0.34 percent or 27.76 points to 8,064.92. The wider All Shares slipped by 0.16 percent or 7.64 points to finish at 4,931.99.