PROFIT-TAKING DEPRESSES SHARE PRICES
Manila, Nov. 14, 1997 - The Philippine Stock Exchange index lost 38.26 points and closed at 1,803.55 yesterday, amid profit-taking by retail investors.
Losers outnumbered gainers 85 to 23, with 2.4 billion shares traded valued at P1.1 billion.
Trading was light and is expected to remain lackluster.
Reported by: Sol Jose Vanzi
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