Manila, June 23 -- Local shares fell on Monday amid the continued tensions between Israel and Iran, while the peso also weakened.
The Philippine Stock Exchange index (PSEi) fell 1.92 percent to 6,218.28 while All Shares also slipped 1.44 percent to 3,706.56.
"Philippine shares were sold down on Monday back to 6,200 level tracking a broader market as Middle East tension continues with President Donald Trump further fueling tension as US enters the war," Regina Capital Development Corp. head of sales Luis Limlingan said.
"Philippine economic data to look out for include, Friday's trade data for May and 2Q (second quarter) consumer confidence which may aid in gauging economic momentum, while Thursday's budget balance release may provide i...
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