Yahoo Philippines News - Live 2013 Philippine Elections News Updates and Results: PHL shares close lower on profit-taking after four-day uptrend

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PHL shares close lower on profit-taking after four-day uptrend Sep 12th 2013, 08:48 Philippine shares closed lower in volatile trading Thursday, snapping a four-day rally, after the market found an excuse to sell on news that regulator Metropolitan Waterworks and Sewerage System decided to reduce water rates.

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