MANILA  -Philippine stocks closed relatively flat on Monday as investors took a wait-and-see approach in the wake of the violent conflict in the Middle East over the weekend. By the closing bell, the benchmark Philippine Stock Exchange index (PSEi) slipped 0.12 percent, or 7.79 points, to 6,252.16 while the broader All Shares index was up 0.02 percent, or 0.78 points, to 3,380.05. 'The index slipped and value turnover fell as investors reacted to the armed conflict between Israel and Hamas that threatens to destabilize the Middle East,' Juan Paolo Colet, managing director at investment bank China Bank Capital Corp.

https://business.inquirer.net/425690/ph-shares-tread-water-as-israel-hamas-war-unfolds

#inquirer