1m ago23m ago3 min read
PSEi sinks below 5,900 on rising yields, oil prices
BusinessBusiness
MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.72 percent, or 102.73 points, to close at 5,855.91. READ: Diesel seen up by as much as P10.50 per liter next week Meanwhile, Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said this marked the PSEi’s lowest level in more than three and a half months, or si
- MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.72 percent, or 102.73 points, to close at 5,855.91. REA...
Key Takeaways
- MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.72 percent, or 102.73 points, to close at 5,855.91. READ: Diesel seen up by as much as P10.50 per liter next week Meanwhile, Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said this marked the PSEi’s lowest level in more than three and a half months, or si.
Media Spectrum
Total: 1 source•Published: 23m ago•Last Updated: 1m ago
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Coverage Gap
Unreported by left-leaning outlets. Coverage is currently concentrated on other perspectives.
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Inquirer.net (PH)I(
Inquirer.net (PH)
PSEi sinks below 5,900 on rising yields, oil prices
Right-leaning
Coverage Gap
Unreported by right-leaning outlets. Coverage is currently concentrated on other perspectives.
Bias & Framing Analysis
Top Framing Differences
- Left: Coverage gap: Currently unaddressed by verified outlets on this side of the spectrum.
- Center: MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampened investor appetite. The benchmark Philippine Stock Exchange Index (PSEi) fell 1.72 percent, or 102.73 points, to close at 5,855.91. READ: Diesel seen up by as much as P10.50 per liter next week Meanwhile, Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said this marked the PSEi’s lowest level in more than three and a half months, or si
- Right: Coverage gap: Currently unaddressed by verified outlets on this side of the spectrum.
Overall Tone
Center
Coverage Blindspots
Left
Coverage blindspot: Reporting on this development is currently concentrated in other segments of the media landscape.
Right
Coverage blindspot: Reporting on this development is currently concentrated in other segments of the media landscape.
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Multi-factor accuracy index for Inquirer.net (PH) and related desks based on verifiable sourcing and editorial standards.
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Ownership: Inquirer.net (PH) (Corporate)
Timeline of this story
- 21m agoInquirer.net (PH): MANILA, Phiippines — Local stocks sank below the 5,900 level on Friday as rising treasury yields, elevated oil prices and a weak peso dampen
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