The Philippine Stock Exchange index, the 30-company benchmark, tumbled 68 points, or 0.8 percent, to close at 8,279.92, as three of the six major sectors declined. The heavier index, representing all shares, also slid 30 points, or 0.6 percent, to settle at 4,855.32, on a value turnover of P7.9 billion. The peso declined 0.1 percent Tuesday to close at a new 11-year low of 51.54 against the US dollar, on value turnover of $551 million. Tokyo ended up 0.5 percent to continue the best run of gains in its near 70-year history. Sydney gained 0.1 percent and Seoul ended marginally higher but Hong Kong was down 0.5 percent in afternoon trade.

Source: The Standard October 24, 2017 13:30 UTC