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Philippine stock index falls 0.81%, ending five-week rise, amid global uncertainties.
The Philippine Stock Exchange Index (PSEi) saw a 1.7% increase last week but dropped 0.81% week-to-week, ending a five-week streak.
Despite global uncertainties like US tariffs and economic concerns, President Marcos Jr.'s decision to retain his economic team and potential interest rate cuts by the Central Bank may boost market confidence.
Investors are also watching for the May inflation rate and future fiscal activities.
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El índice bursátil filipino cae un 0,81%, terminando una subida de cinco semanas, en medio de las incertidumbres globales.