The local bourse has not yet sought refuge from the global epidemic that is the 2019-novel Coronavirus (2019-nCoV), plunging into red territory for sixth consecutive trading day.

The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.89 percent or 63.76 points to end at 7,137.03 while the wider All Shares declined 0.82 percent or 35.38 points to finish at 4,256.83 on Monday.