Tuesday, March 19, 2013

MARKET COMMENT Philippine Shares Continue To Retreat 6250 Floor



0222 GMT [Dow Jones] Philippine shares continue to retreat Wednesday, with investors still unloading major blue chips amid concerns over Cyprus and the dearth of local market leads. The bellwether PSEi is down 1.3% at 6344.19, with traders saying the latest round of weakness is pushing the index down to its next support level at 6250, with resistance tipped at 6500. PCCI Securities Brokers says a ...

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