PSEi: The Week Ahead, October 12

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The Philippine Stock Exchange Index (symbol: PSEi) has just completed its first full week, confirming that the caution aired last week was a valid one.

The index ended Friday at 7,167.35, down by 34.54 or -0.48%. Negative market breadth prevailed with 116 decliners, only 63 advancers, and 43 unchanged. Week-on-week, the PSEi slipped 1.10% for its third consecutive weekly decline.

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