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Philippine shares close 0.85% lower

MANILA, Philippines (Xinhua) – Philippine shares closed 0.85 percent lower today.

The benchmark Philippine Stock Exchange index tumbled by 25.24 points to 2,942.78 while the all-share index went down 7.51 points or 0.40 percent to 1,850.76.

The trade volume reached 1.66 billion shares worth P3.24 billion ($69.67 million). 

There were 58 gainers and 43 losers while 68 stocks closed flat.

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