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Stocks drop on MSCI rebalancing

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Stocks slid further as foreign funds sold down stocks related to the MSCI rebalancing. | ManilaBulletin

Stocks slid further as foreign funds sold down stocks related to the MSCI rebalancing.

“Philippine shares slid on heavy turnover as funds were tracking the latest MSCI rebalancing results and with then end of month window dressing at hand,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

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