Stocks brace for turbulence amid tensions in Middle EastThe Philippine Stock Exchange index (PSEi) went on a seven-day winning streak last week before finally taking a breather on Friday, closing at 6,611.24. MANILA, Philippines — After a strong showing last week, the local stock market braces for potential turbulence in the coming days following major developments in the Middle East over the weekend. The Philippine Stock Exchange index (PSEi) went on a seven-day winning streak last week before finally taking a breather on Friday, closing at 6,611.24. China Bank Capital Corp. managing director Juan Paolo Colet said this week would see heightened volatility driven by events in the Middle East. “Unless we see an immediate resolution to the conflict, I expect risk-off sentiment to push our stock market lower.

Source: Philippine Star March 01, 2026 16:35 UTC