PSEi drops 2.1% on ICTSI sell-off, BSP rate policy jitters 

Local stocks retreated Wednesday as investors took profits on International Container Terminal Services Inc. (ICTSI) and stayed cautious ahead of the Bangko Sentral ng Pilipinas’ (BSP) policy meeting. The benchmark Philippine Stock Exchange Index (PSEi) fell 2.10 percent, or 130.94 points, to close at 6,114.81. READ: BSP poised to hike interest rates – poll Ron