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MANILA, Philippines – Local stocks ended slightly lower on Wednesday as investors stayed cautious amid renewed geopolitical risks in the Middle East, although foreign buying and strong trading activity helped limit losses.
The benchmark Philippine Stock Exchange Index (PSEi) dipped by 0.07 percent, or 4.35 points, to close at 5,941.36.
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Brokerage Philstocks Financial Inc. said the local market remained in negative territory after tensions escalated between the United States and Iran.
