TRADE war fears continued to weigh on investors sentiment on Wednesday with the benchmark Philippine Stock Exchange index (PSEi) losing losing 0.70 percent or 50.99 points to end at 7,261.62.

It was the lowest since the 7,245.97 close posted on March 27 last year and was nearly 20 percent down — just short of bear territory — from January 29’s record peak of 9,058.62.