PSEi slumps to worst close since November 2023

THE Philippine Stock Exchange index (PSEi) closed at its lowest level since November 2023 on Tuesday as investors preferred to stay on the sidelines before the US Federal Reserve’s policy decision and the release of Philippine gross domestic product (GDP) data. The PSEi slumped by 0.70% or 43.41 points to end at 6,153.47 on Tuesday,