Tuesday, February 2, 2010
RP stocks dip 0.66% on global, local uncertainties
MANILA, Philippines – Local stocks continued to dip on Tuesday as investors either cut losses or locked in gains amid lingering global and domestic uncertainties.
The main-share Philippine Stock Exchange index lost 19.03 points or 0.66 percent to close at 2,864.18.
Some late-session bargain-hunting, inspired by an overnight rebound in Wall Street, trimmed the day's losses.
There were 88 decliners against 27 gainers and 48 unchanged stocks at a value turnover of P2.33 billion. Click here to read more...
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