By: Doris C. Dumlao
Philippine Daily Inquirer
MANILA, Philippines—The local stock market struggled to remain in positive territory on Thursday but bargain-hunting firmed up the main index despite the temptation to join the profit-taking seen in offshore markets.
The main-share Philippine Stock Exchange index added 1.51 points, or 0.04 percent, to finish at 3,877.63 as investors focused their trades on selective blue chips. Local stocks thus overcame a rough start but encountered some resistance near the 3,900 mark.
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