PSEi slips below 6,300 on Trump tariff woes

PSEi bounces back to 6300 level

The PSEi regained the previous day’s loss despite weaker US and regional bourses as investors continued to pick up cheaper Philippine stocks.The main index added 28.44 points or 0.45 percent to close at 6,313.12 as Banks led the advance while Services and Miners retreated. Volume rose further to 966 million shares worth P7.84 billion as gainers outnumbered losers 93 to 88 with 63 unchanged.“Investors returned to bargain hunting with regional mar…

PSEi slips below 6,300 on Trump tariff woes

MANILA, Philippines – The local bourse ended in the red on Tuesday as investors gauged tariff uncertainties abroad, erasing some of its gains and surrendering the 6,300 territory. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) snapped its four-session winning streak as it shed 0.34 percent, or 21.51 points, to 6,284.68. Meanwhile,