Esulted In The Negative Close Of Local Bourse 39s Main Index On Monday And Weakening Peso Philippine Stock Exchange Psei Shed 1 29 Percent News Today : Breaking News, Live Updates & Top Stories | Vimarsana

DOWN. The local bourse slipped Monday (Feb. 27, 2023) as it tracked US counterparts' finish last Friday and also due partly to investors' decision to stay at the sidelines ahead of some major economic reports both here and in the US. The peso weakened against the US dollar on the decline of the PSEi. (PNA file photo) MANILA - The decline in United States' equity markets last week, along with hawkish signals from Federal Reserve officials, resulted in the negative close of the local bourse's main index on Monday and the weakening of the peso. The Philippine Stock Exchange index (PSEi) shed 1.29 percent, or 86.56 points, to 6,599.34 points. All Shares followed with a drop of 1.12 percent or 39.95 points, to 3,532.25 points. Most of the sectoral gauges also finished the day lower, led by Services after it slipped by 3.46 percent. It was trailed by Mining and Oil, 3.20 percent; Property, 1.55 percent; Industrial, 1.39 percent; and Holding Firms, 0.94 percent. Only the Finan ....

San Carlos , Negros Occidental , United States , Michael Ricafort , Luis Limlingan , Morgan Stanley Capital International , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Federal Reserve , Philippine Stock Exchange , United State , West Texas Intermediate , Commercial Banking Corporation , New Strategic Arms Reduction Treaty , Down The Local Bourse Slipped Monday Feb 27 , 023 As It Tracked Us Counterparts 39 Finish Last Friday And Also Due Partly To Investors Decision Stay At The Sidelines Ahead Of Some Major Economic Reports Both Here In Peso Weakened Against Dollar On Decline Psei Pna File Photo Manila United States Equity Markets Week , Long With Hawkish Signals From Federal Reserve Officials , Esulted In The Negative Close Of Local Bourse 39s Main Index On Monday And Weakening Peso Philippine Stock Exchange Psei Shed 1 29 Percent , R 86 56 Points , Go 6 , 599 34 Points All Shares Followed Witha Drop Of 1 12 Percent Or 39 95 , O 3 , 532 25 Points Most Of The Sectoral Gauges Also Finished Day Lower , Ed By Services After It Slipped 3 46 Percent Was Trailed Mining And Oil , Egina Capital Development Corporation Rcdc Head Of Sales ,