MANILA, Philippines – Philippine stocks fell sharply in early trading on Monday as escalating tensions in the Middle East triggered a broad risk-off mood across global financial markets. As of 9:50 a.m., the benchmark Philippine Stock Exchange Index (PSEi) tumbled 235.23 points or 3.72 percent to 6,085.18. READ: Asia stocks down sharply as oil hits $100 The broader All Shares index also retreated, shedding 100.27 points or 2.87 percent to 3,394.72, reflecting widespread selling pressure across the market. Losses were seen across nearly all sectoral gauges. The holding firms index posted the steepest decline, sliding 5.09 percent to 4,665.90.  The […]... Keep on reading: PSEi sinks nearly 4% on escalating Middle East conflict