The stock market again slipped out of the 7,000 territory on Thursday as reports of increasing coronavirus disease 2019 (Covid-19) cases worldwide and losses in large-cap stocks worried investors.

The bellwether Philippine Stock Exchange index (PSEi) lost 0.77 percent or 54.16 points to close at 6,997.62 while the broader All Shares declined by 0.42 percent or 17.33 points to finish at 4,127.54.

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