The stock market fell for the fifth straight session on Tuesday after the government reported higher-than-expected inflation for February. The benchmark Philippine Stock Exchange index (PSEi) dipped by 0.31 percent or 25.95 points to close at 8,360.22. The broader All Shares shed 0.20 percent or 10.17 points to end at 5,033.72. The 4.5-percent result was up from January’s 4.0 percent and breached the government’s 2.0-4.0 target inflation range for the year. “In contrast, other Asian markets rallied as fears of a potential trade war eased.

Source: Manila Times March 06, 2018 16:41 UTC