The benchmark Philippine Stock Exchange index (PSEi) snapped a three-day winning streak on Wednesday before the Bangko Sentral ng Pilipinas' (BSP) interest rate-setting meeting on Nov. 17, while net foreign buying surged past the P1-billion mark. The PSEi shed 0.42 percent, or 26.85 points, to 6,392.09 while the broader All Shares index sank 0.1 percent, or 3.28 points, to 3,376.30. The measure pulled back after earlier closing above the 6,400 resistance zone that was identified by analysts. Volume also accelerated as 968.9 million shares valued at P7.23 billion changed hands. Foreigners were net buyers to the tune of P1.1 billion, data from the stock exchange showed. "Philip...
Keep on reading: PH shares run out of steam ahead of rate hike decision
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