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Stocks slip, peso steady

The main equities index shed 0.74 percent, or 53.62 points, to 7,227.73 points.

Most other indexes trailed the main gauge, with All Shares declining by 0.40 percent, or 17.50 points, to 4,321.73 points.

Holding Firms index registered the biggest drop among the sectors with 1.13 percent and was followed by the Services, 0.89 percent; Industrial, 0.66 percent; Property, 0.35 percent; and Mining and Oil, 0.09 percent.

The peso ended the day sideways against the US dollar at 48.063 from 48.05 Monday.*PNA

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May 2025
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