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MANILA - Philippine share prices on Thursday fell on profit-taking, dragging the benchmark index below the 5,300 level.
At the Philippine Stock Exchange, the composite index dropped 52.06 points or nearly 1 percent to close at 5,256.61.
All sub-indices finished in the red led by the 3.02-percent decline in the mining and oil counter. The property sector lost 2.57 percent, while the financials and services sub-indices lost at least 1 percent.
Decliners beat advancers, 122 to 44, while 38 stocks were unchanged. A total of 1.76 billion stocks worth P5.22 billion changed hands.
Actively traded stocks were Ayala Corp., Ayala Land, PLDT, BDO and Metrobank.
Top gainers were Acesite, PNOC and Roxas Holdings, while the biggest losers were Berjaya, MJCI Investments and Dizon Copper.
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