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Category: Business

PSEi and Peso Decline Amid Overseas Geopolitical Tensions

Manila: The Philippine Stock Exchange index (PSEi) reversed course and closed lower on Wednesday, alongside the peso, partly due to concerns about overseas geopolitical developments. The PSEi fell 0.45 percent to 6,372.95, while the broader All Shares…

Geopolitical Tensions Impact Philippine Stock Exchange and Peso

Manila: Geopolitical risks in the Middle East weakened the Philippine Stock Exchange index (PSEi) and the peso on Monday.

According to Philippines News Agency, the PSEi fell 0.50 percent to 6,297.08 points, while the All Shares index dropped 2.06 pe…