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Article: Philippine stock index tumbles 3.4 percent
- Article from:
- AP Worldstream
- Article date:
- November 18, 2008
CopyrightCopyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Hide copyright information)
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Philippine shares tumbled for a second straight session Tuesday as investors took their cue from losses in the U.S. and Asian markets.
The Philippine Stock Exchange Index fell 66.40 points, or 3.4 percent, to 1,873 points.
Losers outnumbered gainers 85 to 8, with 26 issues unchanged.
"We took directions from neighboring markets," said Abacus ...