PSEi retreats on Iran-Israel conflict 

MANILA, Philippines – Local stocks retreated on Monday as renewed hostilities in the Middle East dampened investor sentiment, pushing the benchmark index back below the 5,900 level. The Philippine Stock Exchange Index (PSEi) fell 0.99 percent or 58.97 points, to close at 5,879.41. READ: Israel strikes Iran, defying Trump’s call for restraint Brokerage Philstocks Financial Inc.