PSEi slips on Trump impeachment

THE stock market plunged into the red territory on Thursday on negative market sentiment fueled by the impeachment of US President Donald Trump.

The benchmark Philippine Stock Exchange index (PSEi) fell by 1.03 percent or 79.73 points to finish at 7,653.94, while the wider All Shares dipped by 0.64 percent or 29.14 points to end at 4,558.85.