PSEI DIPS AS CORRUPTION CONCERNS WEIGH ON SENTIMENT The Philippine Stock Exchange index (PSEi) closed lower on Friday, slipping 0.32 percent to 6,037.79, as investor sentiment soured over concerns that corruption issues could dampen the country’s economic prospects. The market decline followed the Bangko Sentral ng Pilipinas’ (BSP) decision to cut policy rates on Thursday, a move that came amid a weaker domestic growth outlook, which the central bank partly attributed to governance challenges. T

Philippine Stock Exchange now shifts to virtual trading as it holds a trading floor closing ceremony Friday afternoon. | via Jekki Pascual, ABS-CBN News FULL STORY: https://news.abs-cbn.com/business/06/24/22/technology-finally-prevailed-pse-shuts-trading-floor | ANC 24/7

The local bourse extended its gains on Wednesday, with the Philippine Stock Exchange index (PSEi) edging up 0.25% to close at 6,098.74. Investors kept the momentum going as bargain-hunting continued, boosted by hopes that September inflation stayed within the BSP’s forecast and by positive leads from Wall Street. #PhilippineStockExchange #DailyTribune #BSP #stocks | Daily Tribune