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PSEi tumbles below 6,900 after US inflation surprise

By Inquirer - 8 months ago
MANILA — The Philippine Stock Exchange Index (PSEi) plunged below 6,900 on Friday with shares sold down as anxiety gripped investors amid an inflation spike in the United States. By the end of the session, the benchmark PSEi fell by 2.09 percent, or 145.64 points, to 6,822.32, while the broader All Shares index slipped 1.39

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