PSEi sinks on PH’s record-high debt

MANILA, Philippines — Local stocks fell on Friday as investors weighed the Philippines’ record-high national government debt, Middle East tensions and a busy week of key economic data ahead. The benchmark Philippine Stock Exchange Index (PSEi) slipped 1.10 percent, or 69.31 points, to close at 6,236.44. READ: PH government debt stock tops P19 trillion Philstocks Financial