Local share prices experienced its sharpest decline in weeks as uncertainty over the US financial sector and pre-election jitters dampened investor sentiment.
The benchmark Philippine Stock Exchange index (PSEi) ended lower on Monday by 1.89% or 62 points to 3,203.91.
The broader all shares index ended in the red as well. It fell by 1.53% to or 31 points to 1,991.87.
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The Department of Trade and Industry (DTI) is encouraging all exporters to maximize availment of the services offered by the Bureau of Export Trade Promotion (BETP).
Fenina M. Bonoan, assistant chief for the ASEAN and other Asia Desk of the BETP, said during her recent visit in Davao City that since the bureau is the export promotion arm of the DTI, it seeks to enable Philippine exporters to compete with world-class products and services.
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