Wednesday, June 8, 2016

SE Asia Stocks-Philippines on track to snap four days of gains

June 9 (Reuters) - Philippine stocks fell 1 percent on

Thursday, heading for their first fall in five sessions, on weak

jobs data and as some investors chose to book profit, while most

other Southeast Asian markets edged up in thin trade with China

and Hong Kong closed for a holiday.

The Philippine stock index was dragged down by

utilities and telecom shares. Aboitiz Equity Ventures

fell 4 percent, while Philippine Long Distance Telephone Co

dropped nearly 2 percent.

"Despite residual

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