Philippine shares declined amid the Russia-Ukraine war, while the peso returned to the 58-to-the-US-dollar level on Friday.
The Philippine Stock Exchange index (PSEi) fell 1.21 percent to 6,780.13 while the broader All Shares declined by 0.56 percent.
“Philippine shares fell once more as missile strikes between Russia and Ukraine dominated headlines,” Regina Capital Development Corp. managing director Luis Limlingan said.
Except for Mining and Oil, which rose 0.07 percent, all sectors closed in the red with Services recording the biggest decline of 1.61 percent.
Decliners led advancers at 108 to 76.
The peso, meanwhile, returned to the 58 level against the US dollar level, closing at 58.87 after falling to a two-year low of 59 on Thursday.
It opened at 58.95 and traded between 58.81 and 58.96, bringing the day’s weighted average to 58.90.
The volume went up to USD1.07 billion from USD842.68 million.*PNA
