PSEi drops below 7,400 as investors wary of growing Middle East strife

Rising tensions in the Middle East pulled the local bourse below 7,400 on Thursday as anxious investors awaited Israel’s next move. By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.19 percent, or 13.89 points, to 7,388.92. Meanwhile, the broader All Shares Index added 0.3 percent, or 11.80 points, to
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