The benchmark Philippine Stock Exchange index tumbled as investors positioned ahead of the release of the US inflation data while looking past strong domestic earnings and third quarter gross domestic product. /PDI
The PSEi ended the session lower by 1.19 percent, or 74.11 points, to 6,167.57 while the broader All Shares index sank 0.46 percent, or 15.08 points, to 3,277.66.
Inflation is a key metric being followed by the US Federal Reserve, which has been aggressively raising interest rates to combat soaring prices.
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