Economic jitters dim PSEi anew

MANILA, Philippines — The local stock barometer sank on Wednesday as the upswing in October national debt load, coupled with softer growth forecasts, reignited investors’ concerns. The Philippine Stock Exchange Index (PSEi) dropped 1.48 percent, or 88.56 points, to finish at 5,905.84. The broader All Shares Index likewise ended in the red, falling by 0.31 percent,