MANILA, Philippines – Mounting concerns over anomalous flood control projects and corruption allegations against high-ranking government officials pushed the stock market close to the 6,100 mark on Tuesday.
The benchmark Philippine Stock Exchange Index (PSEi) fell to 6,118.54 by the closing bell, dropping 1.55 percent, or 96.29 points.
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Similarly, the broader market experienced declines amid growing investor unease.
https://business.inquirer.net/548600/psei-falls-to-6100-level-on-flood-control-corruption-woes
