US factory data pull bourse down

THE stock market slid on Wednesday, mimicking its US and Asian peers, as investors worry over data showing that trade tensions between Washington and Beijing dragged global growth.

The benchmark Philippine Stock Exchange index (PSEi) dropped by 1.67 percent or 129.18 points to end at 7,610.68, while the wider All Shares fell by 1.10 percent or 51.36 points to close at 4,635.68.