US wage data, rate hike concerns ‘spook’ global, PH stock markets

NEGATIVE global sentiment dragged the local market during the first trading day of a four­day week, heightening the absence of market-lifting catalysts to encourage a new round of buying.

The PSEi slipped 0.56 percent or 41.81 points to close at 7,484.89, while the broader All Shares dipped 0.47 percent or 4,320.34 points to 4,320.34.