MANILA, Philippines - The stock market ended the week little changed as investors stayed on the sidelines ahead of more corporate income results.

Most companies comprising the key Philippine Stock Exchange index will report their first-half performance within the next 2 weeks.

At the close of trading, the PSEi fell 2.40 points or 0.07% to 3,426.95. Despite Friday's losses, the main gauge was still up 1.6% month-on-month.

The broader all-share index edged down 0.87 points or 0.04% to 2,182.79.

Except for the industrial and holding firm sectors, all subindices were in red.

Decliners beat advancers, 72 to 54, while 45 issues were unchanged.

Value turnover came in at only P2.92 billion from yesterday's P3.42 billion.

Ayala Corp. was the most actively traded stock by value. Its shares rose by as much as 1.9% before closing flat at P317 apiece.

Second most active was Metropolitan Bank and Trust Co., which added 0.3% to P60.

Third most active was DMCI Holdings Inc., which rose 0.2% to P18.72. DMCI expects its net income this year to reach P6 billion.