Local shares closed lower Thurday, the index down by 31.89 points to 3,702.91. The All Shares market followed, down by 18.13 points to 2,396.57
All of the subindices were trading in the red with mining and oil the biggest loser (84.80 points) with industrial right behind (64.20 points).
Volume was at 4.25 billion shares worth 4.60 billion pesos. Decliners whipped advancers, 103 against 22, with 48 stocks unchanged.
At the foreign exchange, the peso was buying at 45.05 and selling at 45.35 in morning trades. The local currency had closed yesterday at 45.28 to the US dollar.