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| | The Manila Times Internet Edition | BUSINESS > Peso, Philippine stocks dip on pending Moody’s ratings move |
 | | THE peso and shares of listed Philippine companies declined on Wednesday, spooked by news that Moody’s Investors Service was set to issue a credit ratings report on the country that may fall short of market expectations. |
 | | Blue-chip Philippine Long Distance Telephone Co. was the session’s most actively traded stock, retreating 6.2 percent to 1,680 pesos, in step with the 6.5 percent loss suffered by the company’s American depositary receipts in New York Tuesday. |
 | | Other stocks sold down included Ayala Corp., off 2.3 percent at 325 pesos, Pilipino Telephone, lower by 3.1 percent at 3.15 pesos, Bank of the Philippine Islands, which fell 0.9 percent to 57.50 pesos, and SM Investments, down 0.9 percent at 220 pesos. |
| www.manilatimes.net /national/2006/feb/09/yehey/business/20060209bus3.html (427 words) |
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