Developments in the fight against the coronavirus disease 2019 (Covid-19) pandemic and vital economic results to be released, including the second quarter gross domestic product (GDP), would be the main catalysts of this week’s trading, analysts said.

Diversified Securities Inc. trader Aniceto Pangan said the market would continue to go on consolidation with a downward bias as the government puts focus on efforts to contain the spread of Covid-19.

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