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MIXED. The Philippine Stock Exchange index (PSEi) declined anew on Tuesday (Feb. 28, 2023) as investors looked forward to more economic data releases from the United States that are expected to impact rate adjustment decision of the Federal Reserve. On the other hand, the peso regained its strength against the US dollar due to the correction of the greenback and the positive US pending homes sales and durable goods orders for January 2023. (PNA graphics) MANILA - The local bourse ended the month in the negative territory as investors looked forward to more economic data releases from the United States but the peso regained its footing against the greenback. For the fourth consecutive day, the Philippine Stock Exchange index (PSEi) slipped and ended the day at 6,556.20 points, down by 0.65 percent or 43.14 points. All Shares followed with a drop of 0.14 percent, or 5.08 points, to 3,527.17 points. Half of the sectoral gauges also finished with declines namely Holding Firms, 2.36 percent

San carlosNegros occidentalUnited statesMichael ricafortLuis limlinganMorgan stanley capital internationalRizal commercial banking corporationHolding firmsRegina capital development corporationPhilippine stock exchangeCity home price indexFederal reserveCommercial banking corporationMixed the philippine stock exchange index psei declined anew on tuesday feb 28023 as investors looked forward to more economic data releases from the united states that are expected impact rate adjustment decision of federal reserve on other handHe peso regained its strength against the us dollar due to correction of greenback and positive pending homes sales durable goods orders for january 2023 pna graphics manila local bourse ended month in negative territory as investors looked forward more economic data releases from united states but footing fourth consecutive day