Stocks weighed down by peso depreciation, economic woes

MANILA, Philippines — Several negative developments, including tough economic forecasts, a rise in jobless rate and a weaker peso, led to a decline in the capital index on Wednesday. By the end of the trading session, the Philippine Stock Exchange Index (PSEi) fell by 0.28 percent, or 16.70 points, to finish at 5,959.94. The broader All