Global·NewlyNewsPH

PSEi shares retreat on stagflation, oil price jitters

PH · · Philippine Daily Inquirer

MANILA, Philippines — Philippine shares ended marginally lower on Wednesday as investors adopted a cautious stance after President Ferdinand Marcos Jr. raised concerns over possible stagflation risks amid persistent economic challenges. The benchmark Philippine Stock Exchange Index (PSEi) edged down by 3.40 points, or 0.06 percent, to settle at 5,893.40. According to Luis Limlingan, head […]... Keep on reading: PSEi shares retreat on stagflation, oil price jitters