6 months Trump tweets sink bourse to 3-week low Manilatimes |Biz
SHARE prices fell to a three-week low on Wednesday as investor sentiment was hurt anew by US President Donald Trump’s latest attack on China. The benchmark Philippine Stock Exchange index (PSEi) declined by 1.28 percent or 104.66 points to close at 8,045.80, a level last seen on July 10, 2019, when the index settled at 8,078.21. The broader All Shares dropped by 0.93 percent or 46.02 points to finish at 4,890.06. Regina Capital Development Corp. head of sales Luis Limlingan blamed losses on Trump’s series of tweets attacking China, one of which saying “China is doing very badly, worst in ... more