Philippine shares drop 3.21 per cent
Submitted by Marina Dimova on Thu, 11/06/2008 - 08:40.
Philippine share prices dropped 3.21 per cent Thursday, tracking losses on Wall Street and regional stock markets.
The Philippine Stock Exchange's 30-share composite index slipped 64.59 points to close at 1,941.62.
A total of 2.14 billion shares valued at 2.39 billion pesos (48.77 million dollars) were traded.
Losers outpaced gainers 84 to 9 while 32 issues were unchanged.
Analysts said local stocks would continue to take the lead of Wall Street and regional markets.
The Singapore Exchange Limited (SGX) Tuesday said its derivatives and Exchange Traded Funds (ETF) markets set new trading records last year with volume surging to 
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