RP stocks continue to slide

Local share prices continued their decline on the last trading day before the May 10 polls,with analysts expecting market sentiment largely to be driven by developments after the elections.


The Philippine Stock Exchange index (PSEi) lost 0.82 percent or 25.77 points to finish at 3,142.06.

"Investors are still jittery about Greece and the elections. If elections on Monday will be orderly, then that will be one less worry for the market," Astro Del Castillo of First Grade Holdings said in an interview. more....