The local bourse recorded its lowest close for the year so far after it fell below the 6,300 territory on Wednesday.

The bellwether Philippine Stock Exchange index (PSEi) declined by 0.94 percent or 59.46 points to its intraday low of 6,299.69, while the broader All Shares shed 0.62 percent or 24.39 points to close at 3,882.43.

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