PSEi down on first trading day of 2020

By Tyrone Jasper C. Piad

Jan 03, 2020 12:14 am

The stock exchange started off the year in the red territory as investor sentiment continued to be dampened by President Rodrigo Duterte’s dispute with water firms and a media company over franchise agreements.

Philippine Stock Exchange (PSE) officials grace the first trading day of this year on Thursday. Fromleft: Roberto Jose Jimenez, PSE assistant vice president and head of Controllership and Treasury; Ali Yu,PSE director; Renee Rubio, Securities Clearing Corp. of the Philippines chairman; Omita Tiangco, PSEtreasurer; Roel Refran, PSE chief operating officer; Ramon Monzon, PSE president and chief executiveofficer; Jose Pardo, PSE chairman; Daisy Arce, Capital Markets Integrity Corp. president; and PSE directorsEddie Gobing and Wilson Sy. PHOTO BY GERARD SEGUIA

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