PSEi slides by 1.32% on profit-taking, global jitters

MANILA, Philippines — The Philippine Stock Exchange index (PSEi) slipped on Tuesday as investors booked profits amid renewed global uncertainties. The weakness of the Philippine peso added pressure on the local market. The benchmark index fell by 84.92 points or 1.32 percent to close at 6,352.86.  The benchmark index extended losses as sentiment turned cautious