PHILIPPINE stocks were flat on Monday as investors opted to stay on the sidelines while waiting for the outcome of the US Federal Open Market Committee (FOMC) meeting later this week.

After dipping below 7,100 points in early trade, the Philippine Stock Exchange index (PSEi) finished Monday’s session little changed, down 0.01 point at 7,103.54, while the broader All Shares slipped 10.73 points or 0.26 percent to 4,185.14.

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