The high inflation rate for December caused stock market investors to cash in their gains, pulling the country’s benchmark index to a lower level.

On Tuesday, the Philippine Stock Exchange index retreated by 0.64 percent, or 38.37 points to 5,947.44, while the broader all-shares index lost 0.69 percent, or 25.34 points to 3,645.10.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details