Local bourse sinks further

The local bourse ended farther away from the 7,900 level on Monday as investor sentiment was marred by news that Chinese officials cut their trip to the United States short, leaving earlier than what was initially scheduled.

The benchmark Philippine Stock Exchange index (PSEi) was down 0.05 percent or 3.60 points to end at 7,867.51 while the wider All Shares dropped by 0.23 percent or 11.11 points to close at 4,761.24.