Stocks suffer another selldown as peso extends record slide

October 24, 2026 at 12:32 AM (Asia/Manila) 1 min read Source: Philstar Biz

Philippine financial markets ended the week in the red, with stocks retreating as investors digested the Bangko Sentral ng Pilipinas (BSP)’s 50-basis-point rate hike while the peso sank to a fresh record low for the third straight trading session.