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Rain or Shine guard Andrei Caracut.–PBA IMAGES

MANILA, Philippines–Rain or Shine squandered a double-digit lead but overcame a similar deficit to frustrate Magnolia, 102-100, Wednesday in the PBA Commissioner’s Cup at Ninoy Aquino Stadium.

The Elasto Painters looked like they were heading for defeat after blowing a 13-point advantage to trail 100-89 with over six minutes to go, but the Hotshots never scored the rest of the way to pull off a stunning comeback and go 3-1 in the eliminations.

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Andrei Caracut caught fire for Rain or Shine when needed with 10 of his 15 points in the fourth. His four-pointer tied the count at 100-all with less than four minutes left.

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Adrian Nocum’s layup off a Paul Lee turnover two possessions later eventually spelled the difference as Magnolia couldn’t convert the rest of the way and played all-Filipino after import Ricardo Ratliffe fouled out.

The benchmark PSEi fell by 0.18 percent, or 13.05 points, to close at 7,411.47 while the broader All-Shares index climbed by 0.10 percent, or 4.16 points, to sit at 4,037.52 by the closing bell on Thursday, October 10, 2024.

In a disclosure on Thursday, the Zobel family-led company said it had received the notice of approval on Oct. 9.

Rookie Jerom Lastimosa’s four-point shot before the buzzer went off and Magnolia’s struggles continued in the midseason tournament after suffering a fourth straight defeat to go 1-4.

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Import Deon Thompson finished with 18 points, 15 rebounds, three steals and three blocks for the Elasto Painters with Santi Santillan leading all locals with 17 points.

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Ratliffe had 27 points and 13 rebounds for the Hotshots, who have not won since opening the conference with a win over the Blackwater Bossing.

All of Magnolia’s losses came by an average margin of 3.7 points.

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