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The local bourse surrendered its hard-fought 7,000 level on Friday as investors continued to price in the risks of a second Donald Trump presidency and an economic slowdown.
By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) retreated further and shed 0.53 percent, or 37.26 points, to 6,977.18.
The broader All Shares Index likewise lost 0.20 percent, or 7.84 points, to close at 3,883.80.
Value turnover was at P6.35 billion for 682.45 million shares, stock exchange data showed.
