Property giants hold down PSEi as US inflation battle persists

MANILA  -The Philippine Stock Exchange index (PSEi) retreated on Thursday as US inflation woes weighed on investor sentiments, pulling down large property stocks. The PSEi ended the session down 0.32 percent, or 20.55 points, to 6,448.87 while the broader All Shares index slipped 0.25 percent, or 8.75 points, to 3,466.52. Wall Street also closed lower … Continue reading Property giants hold down PSEi as US inflation battle persists