THE Philippine Stock Exchange index (PSEi) ended in the red on Tuesday, inching down by 62.23 points, or 92 percent, to close at 6,690.27.

Local shares faced an uphill battle as the effects of the blunt and hawkish remarks made by Federal Reserve (Fed) Chairman Jerome Powell in the Jackson Hole Symposium in Wyoming on Aug. 27, 2022 reverberated across markets around the world.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details