Pandemic worries clobber PH shares

The local bourse plunged on Monday as investors worried over the resurgence of coronavirus disease 2019 (Covid-19) cases in the country.

The bellwether Philippine Stock Exchange index (PSEi) dropped by 1.81 percent or 124.45 points to 6,756.92, while the broader All Shares declined by 1.9 percent or 79.14 points to end at 4,079.40.