Local shares retreated on Monday amid the lack of catalysts as investors awaited for the upcoming policy meetings of the Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).
The benchmark Philippine Stock Exchange index (PSEi) fell by 0.8 percent or 54.95 points to 6,857.90, while the wider All Shares dipped by 0.69 percent or 29.51 points to close at 4,266.33.
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