Trade tensions drag PSEi 1.31% in morning trade

THE stock market fell further in early trading on Friday along with global peers as investors remained cautious over the escalating trade tensions between the world’s two largest economies.

At noon break, the benchmark Philippine Stock Exchange index (PSEi) was down by 1.31 percent or 101.86 points at 7,70.17 while the broader All Shares declined by 1.02 percent or 49.01 points at 4,760.25.