PSEi down 0.41% on negative US sentiment shocks

By Ed Paolo Salting

Sep 17, 2022 12:17 am

The local bourse, along with Asian markets, dropped on Friday by 26.90 points or by 0.41 percent to settle at 6,548.77 on the last trading of the week.

According to Philstocks Financial Inc. research associate Claire Alviar, investors continued to digest the inflation data in the US while waiting for the policy rate decision of the Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

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