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zhangsan520 · Dołączył: 07 Lis 2018 Posty: 444

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MANILA， Sept. 23 (Xinhua) -- The Philippine stock market succumbed to profit taking on Friday.

The bellwether Philippine Stock Exchange index slipped by 0.50 percent or 38.75 points to 7，723.60， while the broader all-share index tumbled by 0.36 percent or 16.34 points to 4，586.71.

Trading volume reached 1.30 billion shares worth 7.61 billion Philippine pesos(159.21 million U.S. dollars) with 90 stocks advancing， 89 declining， and 51 were unchanged.

Of the six counters， only the mining and oil sector and the property sector bucked the trend.

Online brokerage 2TradeAsia said positive sentiments from the US Federal Reserves' decision to keep rates steady initially buoyed sentiments.

""The local market continued its gain as positive sentiment is likely to spill over into today's session amid the Federal Reserve's decision not to hike interest rates，"" it said.

However， profit takers entered the equities， erasing all the gains.

But 2TradeAsia said the local equities drop should be viewed by investors as an opportunity to look for cheap stocks.

""Investors should take this opportunity to look for cheap fundamentally attractive stocks that were beaten down by the recent decline in equities prices，"" it said.

Stocks in the 30-company index finished mixed. Among those picked up were Ayala Corp.， Megaworld Corp.， and BDO Unibank， Inc.

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All the police officers that were involved in the baton beating of a college student in Lanzhou city have been suspended from official duties after an official investigation was launched Justin Ellis Raiders Jersey , according to the paper.

Several officers were accused of beating college student Xiaoming with police baton

The student, under the assumed name Xiaoming Rodney Hudson Raiders Jersey , told the paper that he was taken away by several officers on Monday for refusing to hand over his cellphone which he used to record evidence of police wrongdoing at a resteaurant.

Xiaoming accused the officers of beating him with police batons while he was held in custody.

Lanzhou's police department yesterday responded on its official social media page that the an initial investigation found the allegations were true and all the officers involved have been suspended.

College student Xiaoming accuses officers of brutal police baton beating College student Xiaoming accuses officers of brutal police baton beating College student Xiaoming accuses officers of brutal police baton beating

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