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PSEi slips 0.31% to 5,770.88, dragged by MER

Decliners led advancers in a lower session.

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5,770.88
-17.99 (-0.31%)
₱-973M
net selling

The PSEi closed at 5,770.88, down 17.99 points (-0.31%) versus the prior session.

Market breadth: 6 advancers to 19 decliners among 30 tracked components.

Ayala Corporation (AC) led gainers at +1.49%.

Manila Electric Company (MER) led losers at -4.09%.

Foreign investors were net sellers of ₱973,478,403.49 (PSE EOD report).