PSEi shares retreat on stagflation, oil price jitters

MANILA, Philippines — Philippine shares ended marginally lower on Wednesday as investors adopted a cautious stance after President Ferdinand Marcos Jr. raised concerns over possible stagflation risks amid persistent economic challenges. The benchmark Philippine Stock Exchange Index (PSEi) edged down by 3.40 points, or 0.06 percent, to settle at 5,893.40. According to Luis Limlingan, head

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