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PSEi falls as profit-taking, war weigh on sentiment

12 May 2026
in Business
Reading Time: 2 mins read
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PSEi falls as profit-taking, war weigh on sentiment
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By Alexandria Grace C. Magno, Reporter

THE Philippine Stock Exchange index (PSEi) edged lower on Tuesday as investors booked profits amid renewed concerns over the Iran war’s impact on global oil supply and weaker domestic economic signals.

The benchmark index slipped 0.24% or 14.87 points to close at 5,971.98, while the broader all-share index fell 0.33% or 11.44 points to 3,376.99.

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