The market is expected to monitor developments in the global coronavirus disease 2019 (Covid-19) pandemic, vaccines for the virus, and local policy changes.

The Philippine Stock Exchange index (PSEi) finished the first trading week of the year in the green as it rose 2.39 percent or 170.27 points to close at its intraday high of 7,289.88 on Friday, following the ascend of markets in the United States.

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