Politics, peso keep PSEi red for 7th session

MANILA, Philippines – The local bourse extended its losing streak to the seventh consecutive session on Tuesday.

Domestic politics and the weak currency continued to weigh on market sentiment, leading to more investors taking cover amid the uncertainty.

By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had lost 0.74 percent or 44.14 points.
https://business.inquirer.net/549959/politics-peso-keep-psei-red-for-7th-session

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *