PH stocks gauge, peso weaken further amid Ukraine-Russia worry
MANILA - Worries about the Ukraine-Russia conflict continued to hit both the local bourse and the currency on Friday. The Philippine Stock Exchange index (PSEi) shed further by 0.62 percent, or 46.08 points, to 7,342.01 points. All Shares followed with a drop of 0.58 percent, or 22.9 points, to 3,895.52 points. Most of the sectoral gauges also ended the week on the red namely Holding Firms, 1.25 percent; Industrial, 1.03 percent; Services, 0.50 percent; and Financials, 0.18 percent. On the other hand, Mining and Oil rose by 0.40 percent and Property by 0.11 percent. Volume reached 1.33 billion...