PSEi falls below 6,000 as war fears rattle markets

MANILA, Philippines — Philippine stocks retreated on Monday as the escalating Middle East war dampened investor appetite, pulling the benchmark index below the 6,000 mark. The Philippine Stock Exchange Index (PSEi) declined by 0.84 percent or 50.35 points, to close at 5,948.33. Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp.,