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PSEi, peso slash gains on Friday

(PNA file photo) MANILA - The Philippine Stock Exchange index (PSEi) and peso closed this week both shedding their gains from the previous day's trading as investors look ahead to April jobs data. The PSEi ended Friday logging its second worst trading this year at 6,759.90, slashing by 1.59 percent to 109.02 points. All shares were down by 1.13 percent or 41.46 points to 3,621.70. All counters ended lower except for Services, which slightly gained by 0.47 percent or 9 points to 1,916.91. After gaining big-time in the previous day, Mining and Oil shares lost 162.15 points-the biggest loser on Friday-to 11,607.42. This was followed by Industrial, down by 148.07 points to 9,336.09; Holding Firms, down by 124.33 points to 6,271.66; Property, down by 89.09 points to 3,072.82; and Financials, down by 17.12 points to 1,612.31. "Philippine shares succumbed to yet another tech sell-off, erasing the prior day's rally," Regina Capital Development Corporation (RCDC) head of sales

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