023 The Peso Tracked Main Index Due To Geopolitical Issues Overseas Pna Graphics Manila Local Stock Barometer Closed Lower On Wednesday Amida Lack Of Positive Catalysts Drivea Market Rally While Trailed Behind Philippine Exchange Psei Shed 1 50 Percent News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Stocks down on lack of catalysts, peso weakens

LACK OF CATALYSTS. The lack of positive catalysts to drive a market rally resulted in the negative close of the Philippine Stock Exchange index (PSEi) on Wednesday (Feb. 22, 2023). The peso tracked the main index due to geopolitical issues overseas. (PNA graphics) MANILA - The local stock barometer closed lower on Wednesday amid a lack of positive catalysts to drive a market rally while the peso trailed behind. The Philippine Stock Exchange index (PSEi) shed 1.50 percent, or 101.73 points, to 6,699.23 points. All Shares trailed after it slipped by 1.17 percent, or 42.25 points, to 3,579.36 points. All sectoral gauges finished the day in the negative territory, led by Property which went down by 1.84 percent. It was followed by Financials. 1.76 percent; Industrial, 1.28 percent; Mining and Oil, 1.20 percent; Holding Firms, 1.16 percent; and Services, 1.10 percent. Volume reached 1.34 billion shares amounting to PHP4.93 billion. Decliners led advancers at 134 to 45, while 43 shares were ....

San Carlos , Negros Occidental , Michael Ricafort , Vladimir Putin , Luis Limlingan , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Federal Reserve , Philippine Senate , Regional Comprehensive Economic Partnership , Philippine Stock Exchange , Commercial Banking Corporation , Russian President Vladimir Putin , New Strategic Arms Reduction Treasury , Lack Of Catalysts The Positive To Drivea Market Rally Resulted In Negative Close Philippine Stock Exchange Index Psei On Wednesday Feb 22 , 023 The Peso Tracked Main Index Due To Geopolitical Issues Overseas Pna Graphics Manila Local Stock Barometer Closed Lower On Wednesday Amida Lack Of Positive Catalysts Drivea Market Rally While Trailed Behind Philippine Exchange Psei Shed 1 50 Percent , R 101 73 Points , Go 6 , 699 23 Points All Shares Trailed After It Slipped By 1 17 Percent , R 42 25 Points , O 3 , 579 36 Points All Sectoral Gauges Finished The Day In Negative Territory , Ed By Property Which Went Down 1 84 Percent It Was Followed Financials 76 Industrial , Hile 43 Shares Were Unchanged Luis Limlingan , Egina Capital Development Corporation Rcdc Head Of Sales ,