The Philippine Stock Exchange index (PSEi) fell on June 5, ending a three-day winning streak, as renewed tensions between the United States and Iran weighed on investor sentiment, according to Philstar Biz .
The development came after weeks of relative calm in the region, with markets focusing on domestic economic data. However, the geopolitical risk resurfaced, prompting profit-taking among local investors.
Analysts noted that external factors continue to drive volatility in the Philippine market, and the situation remains fluid as global powers respond to the latest escalation.