THE MAIN INDEX dropped to the 6,000 level on Tuesday as investors expect the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) to keep benchmark rates high amid growing inflation risks.
The Philippine Stock Exchange index (PSEi) went down by 76.60 points or 1.25% to end at 6,047.97 on Tuesday, while the broader all shares index dropped by 34.94 points or 1.05% to close at 3,274.30.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
