Manila, July 14 -- Fresh military actions between the United States and Iran resulted in the negative close of the Philippine Stock Exchange index (PSEi) and the peso Tuesday.

The main index shed 0.15 percent to 6,256.02 points, and the broader All Shares by 0.10 percent to 3,379.94 points.

Half of the sectoral gauges also ended in the negative territory, namely Holding Firms, 0.84 percent; Property, 0.35 percent; and Financials, 0.16 percent.

On the other hand, Mining and Oil rose 1.30 percent, Services by 0.29 percent; and Industrial by 0.07 percent.

Volume was thin at 673.92 million shares amounting to PHP5.3 billion.

"The local market's sideways movement today ended in the negative territory as worries over the US-Iran tensions ...