THE stock market kicked off a shortened trading week by dropping to the 7,700 level on Monday, ignoring positive leads and snapping expectations of muted trading ahead of a Holy Week break.
The bellwether Philippine Stock Exchange index (PSEi) plunged by 1.18 percent or 92.84 points to close at 7,787.98 while the broader All Shares lost 0.95 percent or 46 points to end at 4,817.15.