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BusinessWorld June 10, 2021 | 9:00 pm PHILIPPINE shares declined on Thursday as the market corrected and as investors pocketed their profits following a two-day rally. The bellwether Philippine Stock Exchange index (PSEi) went down by 26.83 points or 0.38% to close at 6,875.71 on Thursday, while the broader all shares index shed 5.85 points or 0.14% to finish at 4,154.36. “Market went on profit taking today after it moved substantially up in the last two days of trading,” Diversified Securities, Inc. Equity Trader Aniceto K. Pangan said in a text message on Thursday. “This is considered a healthy correction.” “The market was unable to sustain its position at the 6,900 level, showing this to be a strong resistance so far,” Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said in a Viber message.

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