Investors trim equities portfolio ahead of MSCI rebalancing

MANILA  -The benchmark Philippine Stock Exchange Index (PSEi) closed in red territory on Monday as investors sold off their positions ahead of the upcoming MSCI (Morgan Stanley Capital International) Index rebalancing. The PSEi dropped 0.66 percent, or 43.72 points, to end at 6,620.83 while the broader All-Shares index slipped by 0.4 percent, or 14.34 points, … Continue reading Investors trim equities portfolio ahead of MSCI rebalancing