PHILIPPINE SHARES may move sideways as investors monitor updates on the US-Iran conflict, with market sentiment to be driven by the outcome of talks between the warring countries.
On Friday, the Philippine Stock Exchange index (PSEi) rose by 0.13% or 8.30 points to close at 6,098.21, while the broader all shares index went down by 0.19% or 6.63 points to end at 3,408.53.
This was the PSEi’s best close in nearly a month or since it ended at 6,113.58 on March 12.
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