STOCK market investors pocketed gains in early trade on Friday following Friday’s run-up. At noon break, the bellwether index was down 92.88 points or 1.10 percent at 8,368.18. BDO Capital and Investments Corp. President Eduardo Francisco said traders were in profit-taking mode as the market seemed about to break through resistance of 8,400 points. “The market looked like it was [going to]break the 8,400 level yesterday … just a technical correction,” he said. In the next two weeks, he said the market was likely to trade between the 8,300 and 8,500 levels until year-end.

Source: Manila Times December 15, 2017 05:48 UTC