PH stocks index, peso weaken on rising Covid cases
Philippine Stock Exchange (File photo) MANILA - Rising domestic coronavirus disease 2019 (Covid-19) infections continue to have an impact on investors, resulting in the negative close of both the main stocks index and peso on Friday. The Philippine Stock Exchange index (PSEi) ended the week down by 1.05 percent to 7,011.11 points, or 74.41 points. All other counters also ended the week in the red, with All Shares down by 0.85 percent to 3,745.61 points, or 31.97 points. Property led the sectoral indexes after it fell by 1.76 percent. Next were Mining and Oil, 1.70 percent; Industrial, 1.07 per...
Source: philippinetimes.com