Manila, Oct. 9 -- The increase in crude oil prices in the international market to almost USD104 per barrel pushed investors' worries further up, reversing the rise of the Philippine Stock Exchange index (PSEi) and hurting the Philippine peso on Thursday.

It was a bloodbath in the local bourse, with the main gauge down by 2.2 percent to 5,610.39 points, and the broader All Shares by 1.45 percent to 3,145.55 points.

Services posted the biggest drop at 4.86 percent, followed by Mining and Oil, 3.43 percent; Financials, 1.43 percent; Property, 1.02 percent; Industrial, 0.09 percent; and Holding Firms, 0.06 percent.

Volume reached a little more than 2 billion shares amounting to PHP21.13 billion.

Decliners led advancers 112 to 73, while 67...