Philippine stocks snap 7-day rally amid profit-taking

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) snapped a seven-day winning streak on Friday as investors locked in gains while monitoring geopolitical tensions overseas. The benchmark PSEi declined by 0.21 percent or 14.22 points to close at 6,611.24. Philstocks financial research manager Japhet Tantiangco said the market’s pullback came as investors engaged in