KELLY LIM

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                    [Title] => Market ends lower as profit-taking hits PLDT
                    [Summary] => Share prices closed 0.26 percent lower yesterday in mixed trading as profit-taking hit blue-chip Philippine Long Distance Telephone Co. (PLDT), dealers said. 


However, Equitable PCI Bank and Banco de Oro Universal Bank rose sharply as investors bet on a possible merger, they added. 


The Philippine Stock Exchange composite index finished down 5.91 points at 2,296.78 after moving between 2,291.69 and 2,310.99. There were 1.56 billion shares traded worth P1.31 billion. 


The broader all-shares index rose 3.28 points to 1,434.03. 


                    [DatePublished] => 2006-08-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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Market ends lower as profit-taking hits PLDT

August 31, 2006 - 12:00am

Share prices closed 0.26 percent lower yesterday in mixed trading as profit-taking hit blue-chip Philippine Long Distance Telephone Co. (PLDT), dealers said. However, Equitable PCI Bank and Banco de Oro Universal...

Business