PSEi retreats 73.41 points by midday Tuesday

The bellwether Philippine Stock Exchange index (PSEi) fell for a second day after a record high, declining 73.41 points to hit 6,766.08 by midday Wednesday.

The broader All Shares index was also down 34.11 points or 0.80 percent

All counters were in negative territory, with the market’s slump led by mining and oil stocks that declined 2.11 percent, financial by 1.46 percent and property by 1.30 percent. The sub-indices of other sectors lost moderately.