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× PSEi declines 0.36% on US-China trade jitters, index rebalancing

The local stock barometer slipped yesterday as investors braced for an upcoming index rebalancing while fresh US-China trade jitters gripped regional markets.


The main-share Philippine Stock Exchange index (PSEi) shed 29.41 points, or 0.36 percent, to close at 8,070.89.


For the four-day trading week, which was shortened by the new Lunar Year turnover celebration, the PSEi lost 73.27…