RECESSION FEARS. Philippines' main stocks index ended the week sideways after rising to the 7,000-level in the middle of this week as investors continue to see sustained hikes in the Federal Reserve's key rates this year. Relativey, recession fears, among others, affected the peso's trading with the US dollar this week despite the depreciation of the greenback against other major currencies. (PNA graphics) MANILA -Both the local bourse's main index and the peso ended the week sideways as their US counterparts weaken on signs of recession, among others, in the world's largest economy. The Philippine Stock Exchange index (PSEi) shed 0.08 percent, or 5.39 points, to 7,056.62 points. All Shares followed with drop of 0.10 percent, or 3.82 points to 3,682.86 points. Half of the sectoral gauges also finished the week on the red namely Services, 0.85 percent; Industrial, 0.54 percent; and Financials, 0.44 percent. On the other hand, Mining and Oil rose by 1.32 percent, Prop