PH stocks fall below 6,600; peso closes at 58.77 a dollar

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The Philippine stock market plummeted 2.34 percent Thursday, extending its losses to seven straight trading days on continued foreign selling. The

The Philippine stock market plummeted 2.34 percent Thursday, extending its losses to seven straight trading days on continued foreign selling.

All indices ended in the red, with mining and oil declining the most at 3.69 percent, followed by property which dropped 3.42 percent. Value turnover reached P7.03 billion, with 35 advancers and 181 decliners. Foreigners were net sellers, with net outflows amounting to P2.05 billion.

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