PSEi back below 6,000 on oil-driven inflation fears

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) ended the week on a sour note, with the benchmark index slipping below the 6,000 level as investors stayed cautious over global risks. By Friday’s close, the PSEi declined 1.06 percent or 64.56 points, to 5,999.13. The benchmark index was dragged down by concerns over economic