Corruption woes spoil investors’ appetite

MANILA, Philippines — Anxiety over corruption allegations and the ongoing investigation into questionable flood control projects continued to plague the local stock barometer on Wednesday, as it slipped closer to the 6,100 mark.

By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) lost 9.82 points, or 0.16 percent, to end at 6,108.72.

Likewise, the broader All Shares…

https://business.inquirer.net/548915/corruption-woes-spoil-investors-appetite

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