PSEi opens week in red on coronavirus fears – The Manila Times

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The local bourse fell anew on Monday, along with Wall Street and regional markets, due to concerns over the coronavirus. The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.47 percent or 35.78 points to close at 7,587.63 while the wider ...

The benchmark Philippine Stock Exchange index dropped by 0.47 percent or 35.78 points to close at 7,587.63 while the wider All Shares fell 0.62 percent or 28.23 points to end at 4,495.34.

A pedestrian walks in front of an electric quotation board displaying share prices of world bourses, including the Tokyo Stock Exchange , along a street in Tokyo on Monday. Tokyo’s benchmark Nikkei index dropped more than 2 percent on concerns over the potential impact of a new coronavirus that has killed at least 80 people in China. AFP PHOTO

The outbreak of the coronavirus has led China to lock down the epicenter of the disease, Wuhan — a city of 11 million people — while imposing tight travel restrictions on a number of other cities including Beijing.

 

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