Stock benchmark tumbled to end the week on a somber note, joining the regional retreat as escalating geopolitical tensions in the Middle East drove the peso back toward record lows and clouded the outlook for domestic inflation.
The Philippine Stock Exchange index (PSEi) shed 60.12 points, or 0.94 percent, to finish Friday’s session at 6,320.41.
Continue Reading on Manila Bulletin
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.