Another round of profit taking, along with the slump of US equities overnight, prompted the local bourse to extend its decline on Thursday.

The local stock barometer Philippine Stock Exchange index (PSEi) lost 0.6 percent or 44.03 points to 7,331.65, while the wider All Shares slipped 0.29 percent or 11.63 points to close at 3,952.90.

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