Financial markets in China, Hong Kong, India, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan and Thailand were closed on Monday, May 1, for a public holiday.

On the last trading day last week in the Philippines, Thursday, the benchmark Philippine Stock Exchange index (PSEi) closed down 0.85 percent, or 65.44 points at 7,661.01. All indices across the board finished in the red.

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