PSEi ends lower on macroeconomic factors

THE Philippine Stock Exchange index (PSEi) went down by 69.07 points or by 1.06 percent to 6,450.04 points on Friday, the last trading day of the year, which is below 2022's close of 6,450.04 and a drop of 1.77 percent year on year.

Philstocks Financial Inc. senior research analyst Japhet Tantiangco said several factors challenged the local bourse as it continued to be weighed down by macroeconomic factors.

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