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PSEi slips 1.29% to 6,271.15, dragged by MER

Decliners led advancers in a lower session.

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6,271.15
-81.89 (-1.29%)
+644M
net buying

The PSEi closed at 6,271.15, down 81.89 points (-1.29%) versus the prior session.

Market breadth: 5 advancers to 22 decliners among 30 tracked components.

Bank of the Philippine Islands (BPI) led gainers at +1.74%.

Manila Electric Company (MER) led losers at -13.12%.

Foreign investors were net buyers of ₱643,819,566.69 (PSE EOD report).