The local bourse is still expected to track the developments in Covid-19 situation for this trading week, as continuous rise in local virus cases could slump the main index.
Last week, the Philippine Stock Exchange index (PSEi) declined by 1.27 percent or 85.29 points to close at its intraday low of 6,633.22 on Friday as investors booked profits after the market climbed for four consecutive days.
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