Manila Bulletin·3 min read·medium

PSEi dips due to higher oil prices, US tariffs

J
James A. Loyola
PSEi dips due to higher oil prices, US tariffs
AI Summary

The Philippine Stock Exchange index (PSEi) fell slightly on July 24 due to rising global oil prices and new US tariffs on Philippine goods. Investors remain cautious as the country faces potential inflation risks and increased labor costs.

The Philippine Stock Exchange index (PSEi) dipped on Friday, July 24, as share prices fell amid concerns over rising oil prices and the higher tariff the United States (US) slapped on Philippine goods.

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