Market down as investors dump Jollibee stocks

Investors dumped shares of fast-food giant Jollibee Foods Corp., dragging down the main stock barometer on Tuesday (May 26), in anticipation of poor earnings due to the novel coronavirus disease (COVID-19) pandemic. Bucking mostly upbeat regional markets, the main-share Philippine Stock Exchange index (PSEi) shed 42.36 points or 0.77 percent to close at 5,496.83 as […]