PSE News Bites

The Philippine Stock Exchange index (PSEi) opened the trading day of March 8, 2023, with a downward trend. As of 2 p.m., the PSEi is at 6,630.92, down by 74.20 points or 1.11 percent, after falling by 72.84 points or 1.09 percent at 1:30 PM, and 78.67 points or 1.17 percent at 12:00 p.m.

The market decline is attributed to concerns over the global economic slowdown and ongoing inflation pressures. Investors are closely monitoring the developments in the market and adjusting their strategies accordingly to navigate the current volatility.

Here is the stock exchange situation as of 2 p.m. according to the Twitter page of the Philippine Stock Exchange.

2 p.m.
PSEi is at 6,630.92, down by 74.20 points or 1.11 percent.

1:30 p.m.
PSEi is at 6,632.28, down 72.84 points or 1.09 percent.

12:00 p.m.
PSEi is at 6,626.45, down 78.67 points or 1.17 percent.

11:30 p.m.
PSEi is at 6,624.76, down 80.36 points or 1.20 percent.

Meanwhile, PSE will hold a three-day investor expo starting on March 9. The education event will boast industry experts, raffles, games, and other entertainment for participants. Moreover, a 2023 economic and market outlook will also be discussed during the expo.

The event, starting on Thursday at 5:30 p.m., aims to promote legitimate financial instruments investing awareness. (GFB)