Philippine shares extend downtrend for third day
Philippine share prices continued their downtrend for the third consecutive day on Thursday due to ongoing concerns over the COVID-19 pandemic.
The PSEi index dropped by 11.77 points or 0.17% to close at 6,851.84, while the All Shares index fell by 22.98 points or 0.56% to end at 4,108.34.
Investor sentiment was dampened by worries about the country's worsening COVID-19 situation and its potential impact on economic recovery.
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