Philippine Stock Exchange weekly wrap: PSEi logs 4.4% slide as oil jitters hit Manila stocks
The PSEi dropped 4.40% for the week ending March 6, closing at 6,320.41 as foreign investors sold a net 947 million pesos. Mining and Oil led sector declines, down 8.69%. Petron surged 21.71% while Ayala Corp fell 10.33%. Total market capitalization slipped to 19.14 trillion pesos.