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