MANILA, Philippines — The Philippine Stock Exchange index (PSEi) closed almost flat yesterday, ending 2.96 points, or 0.03 percent higher at 8,012.34. On the other hand, the broader All Shares index was down by 0.66 points, or 0.01 percent, to close at 4,788.62. Foreign selling prevailed at P2.7 billion while foreign buying was at P2.3 billion for a net foreign selling of P392 million. The news boosted expectations about Trump’s speech later in the day about his administration’s long-running trade war with China. MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.5 percent, following a sharp 1.2 percent pullback on Monday.

Source: Philippine Star November 12, 2019 16:14 UTC