PSEi drops to 6,900 on US-Saudi tensions

Oct 16, 2018 12:28 am

THE stock market fell back to the 6,900 level on Monday as investor sentiment was dented by political tensions between the United States and Saudi Arabia.

The benchmark Philippine Stock Exchange index (PSEi) traded most of the day in the green before falling by 1.12 percent or 78.26 points to close at 6,926.51.

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