PSEi slumps amid slowdown

By Faye Almazan

Apr 28, 2022 12:25 am

THE local stock dropped further on Wednesday as the US equities slumped overnight amid global economic slowdown concerns.

The benchmark Philippine Stock Exchange index (PSEi) plunged by 1.66 percent, or 116.11 points, to 6,863.91 while the wider All Shares lost 1.4 percent, or 52.06 points, to finish at 3,660.33.

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