The local market opened the trading week in the green as last minute bargain hunting slightly pulled the index up. “Last minute bargain hunting sent the local bourse higher today (Monday) by 0.51 percent to 6,347.43. As of Sunday, the Philippines recorded 30,052 coronavirus disease 2019 (Covid-19) cases, with 7,893 recoveries and 1,169 fatalities. Further, he sees the downward bias for the local shares to continue amid the local and global pandemic situation. The WHO reported on Sunday the largest single-day increase in global Covid-19 cases with more than 183,000 new cases in the past 24 hours.

Source: Manila Times June 22, 2020 17:26 UTC