The local bourse extended its decline and dropped to the 6,500 territory on Monday as investors continued to monitor developments in the Covid-19 pandemic situation.

The benchmark Philippine Stock Exchange index (PSEi) dipped 0.63 percent or 41.55 points to its intraday low of 6,591.67, while the wider All Shares fell by 0.31 percent or 12.76 points to end at 4,110.96.

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