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PH stock market declines further on Omicron variant concerns - Vimarsana News

PH stock market declines further on Omicron variant concerns

MANILA - The Philippine Stock Exchange index (PSEi) slipped by 1.07 percent, or 77.56 points, to 7,200.88 Monday as the new coronavirus disease 2019 (Covid-19) variant continues to bring concerns among investors. All shares went down by 0.86 percent, or 33.26 points, to 3,838.13. All counters ended in the negative territory, except for the Services index, which rose by 0.51 percent, or 10 points, to 1,986.48. "Philippine shares plunged to end the month of November as the new Covid-19 variant found in South Africa triggered a global shift away from risk assets. Heading into the week, Covid...