THE local stock market fell back in the red on Tuesday, which analysts said can be attributed to profit-taking amid the national government's adjustments on the imposition of quarantine measures in Metro Manila to check rising Covid-19 cases.

The benchmark Philippine Stock Exchange index was down 0.69 percent, or 47.78 points, to 6,920.36, while the wider All Shares index plunged 0.23 percent, or 9.86 points, to 4,295.

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