Wall Street slump pulls down share prices

The benchmark Philippine Stock Exchange index tumbled by 3.04% or 57.81 points to 1,840.12, while the all shares index retreated by 2% or 24.59 points to 1,203.14.

A total of 424 million shares worth P1.20 billion were traded, with foreign sellers leading buyers with P417 million. Decliners led advancers 70 to 18 while 32 stocks did not move.

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