The Philippine composite index fell 29.47 points or 1.17% to 2.488.26.
Total turnover was at Php2.84Bil inclusive of Php498.65Mil special block sale of MWC @14. Foreigners remained net buyers for the fifth consecutive trading day as they acquired Php1.04Bil worth of stocks and liquidated Php672Mil.
Losers outnumbered gainers 89 to 27 while 46 stocks were unchanged.
Top gainers with volume ABA .95, AEV 6.90, TBGI 3.65.
Top losers were ANI, MED, SUN.
TOP BUSINESS NEWS
Empire East allots P10B for projects
No pressure on SMC, says MVP
Lopez on PLDT advisory board
Chemrez eyes higher export revenues
Filinvest set to challenge Megaworld bid for North Bonifacio
Globe Telecom lists bonds in PDEx
EDC earmarks P9.6B for capex
Rumors of the Day
SMC will sell their 27% shares of Meralco at Php150.
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