PSEi extends slump to fifth day on war, inflation concerns

MANILA, PHILIPPINES — The Philippine Stock Exchange Index (PSEi) fell on Tuesday, extending losses to a fifth straight session. Investors stayed cautious over geopolitical tensions and rising inflation risks. The benchmark index slipped 0.58 percent or 34.36 points to close at 5,866.79. READ: Oil rises, stock markets mixed as US-Iran peace talk hopes dim Philstocks