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Missile strike spooks bourse

THE stock market closed lower on Wednesday with investors said to have been spooked by a deadly missile strike in Poland.

The benchmark Philippine Stock Exchange index (PSEi) lost 26.85 points, or 0.42 percent, to close at 6,392.09, while the broader All Shares declined by 3.28 points, or 0.10 percent, to settle at 3,376.30.

Smoke rises on the horizon after Russian strikes in the western Ukrainian city of Lviv on November 15, 2022, amid the Russian invasion of Ukraine. - The Ukrainian presidency said on November 15, 2022 that the situation across the country was critical after a fresh wave of Russian missiles battered energy facilities, forcing emergency shutdowns and plunging parts of the capital into darkness. (Photo by YURIY DYACHYSHYN / AFP) Smoke rises on the horizon after Russian strikes in the western Ukrainian city of Lviv on November 15, 2022, amid the Russian invasion of Ukraine. - The Ukrainian presidency said on November 15, 2022 that the situation across the country was critical after a fresh wave of Russian missiles battered energy facilities, forcing emergency shutdowns and plunging parts of the capital into darkness. (Photo by YURIY DYACHYSHYN / AFP)
Smoke rises on the horizon after Russian strikes in the western Ukrainian city of Lviv on November 15, 2022, amid the Russian invasion of Ukraine. - The Ukrainian presidency said on November 15, 2022 that the situation across the country was critical after a fresh wave of Russian missiles battered energy facilities, forcing emergency shutdowns and plunging parts of the capital into darkness. (Photo by YURIY DYACHYSHYN / AFP)