PSEi slips on economic fears, corruption woes

MANILA, Philippines – Philippine shares ended the trading week in the red as economic fears and lingering corruption concerns continued to temper investor optimism, prompt profit-taking and extend foreign selling. The benchmark Philippine Stock Exchange index (PSEi) declined on Friday to 5,920.87, with the broader market also closing lower as investors digested headwinds clouding the country’s growth outlook. READ: WB sees ‘Nike-swoosh’ recovery for the Philippines in 2026 Trading remained active, with net value turnover reaching P11.37 billion. Market sentiment was weighed down by persistent concerns over governance issues and offshore risks affecting the domestic economy. Investors also assessed the […]... Keep on reading: PSEi slips on economic fears, corruption woes