Shares Drop on Wall Street Cues
The Philippine Star|January 09, 2025
Share prices fell for a second straight day as the local market took cues from declines in US equities.
By Richmond Mercurio

The bellwether Philippine Stock Exchange index shed by 0.74 percent or 48.66 points to close yesterday's session at 6,496.72.

The broader All Shares index also inched down by 0.02 percent or 0.84 percent to 3,749.85.

"The local market extended its decline amid the negative spillovers from Wall Street as US Treasury yields rose," Philstocks Financial research manager Japhet Tantiangco said.

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