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PSEi slips anew as Trump policies spook investors
The Philippine Star
|March 13, 2025
The local market remained in negative territory for the second straight session, still weighed down by worries over President Donald Trump's ever-changing trade policies that could send the US economy into recession.
The Philippine Stock Exchange index (PSEi) slipped by 0.18 percent or 11.29 points to end yesterday's session at 6,195.26.
The broader All Shares index also ended in the loss column, slipping by 0.08 percent or 2.79 points to 3,681.80.
"The market slipped anew on continued concerns about Trump's erratic trade policy and a potential slowdown in the US economy," China Bank Capital Corp. managing director Juan Paolo Colet said.
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