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PSEi slips 0.77% to 5,750.50, dragged by MER

Decliners led advancers in a lower session.

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5,750.50
-44.64 (-0.77%)
₱-749M
net selling

The PSEi closed at 5,750.50, down 44.64 points (-0.77%) versus the prior session.

Market breadth: 10 advancers to 16 decliners among 30 tracked components.

Ayala Corporation (AC) led gainers at +3.09%.

Manila Electric Company (MER) led losers at -3.46%.

Foreign investors were net sellers of ₱749,314,563.30 (PSE EOD report).