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'Further decline' seen amid bearish sentiment

TRADERS will be awaiting the results of today's central bank policy meeting, analysts said, but the Philippine Stock Exchange index is not expected to see much of a lift given a shortened trading week and bearish sentiment.

Philippine financial markets will only be open on Monday, Thursday, and Friday, with the Araw ng Kagitingan (Day of Valor) regular holiday on April 9 and the 10th also having been declared a holiday in celebration of Eid al-Fitr or the Feast of Ramadan.