Odette damage weighs down market sentiment

Odette damage weighs down market sentiment

Published by
Philippine Star

Iris Gonzales – The Philippine Star December 22, 2021 | 12:00am MANILA, Philippines — The stock market ended in the red again yesterday as investors digested the impact of Typhoon Odette, which battered parts of the Visayas and Mindanao. The benchmark Philippine Stock Exchange index (PSEi) shed 70.55 points or 0.97 percent to close at 7,167.06, while the broader All Shares index slipped 22.71 points or 0.59 percent to finish at 3,805.67. A total of P6.860 billion worth of shares changed hands, with decliners outnumbering advancers, 106 to 75, while 56 issues were unchanged. “The market current…

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