Inflation fears drag PSEi down 1.87%

Inquirer.net - Oct 28, 2026

MANILA, Philippines — Local stocks fell on Wednesday as higher oil prices and a weakening peso stoked inflation concerns, while elevated treasury yields dampened demand for equities. The benchmark Philippine Stock Exchange Index (PSEi) slid 1.87 percent, or 107.64 points, to close at 5,653.55. READ: Red hot inflation seen extending BSP hikes Michael Ricafort, chief economist

Read full article

More News

Bajet Harian

Bajet Harian highlights impactful business and finance news, particularly within sectors focused by the Malaysian Government budget as well as global news impacting the country.

Sign Up