Virus fears, catalyst lack keep PSEi in red

The stock market continued to dip on Wednesday as the absence of new catalysts and renewed concerns about the coronavirus crisis dragged sentiment.

The benchmark Philippine Stock Exchange index (PSEi) declined by 0.77 percent or 55.15 points to finish at 7,143.30 while the wider All Shares slid by 0.45 percent or 19.62 points to close at 4,300.12.