The currency weakened by 7.9 centavos to P57.59 against the dollar while the benchmark Philippine Stock Exchange index shed 9.10 points, or 0.12 percent, to 7,406.63.The broader All Shares edged down 1.23 points, or 0.03 percent, to 4,080.29.The peso opened at P57.45:$1 and ranged from P57.275 to P57.59. Volume fell to P1.339 billion from Friday's P1.744 billion.Rizal Commercial Banking Corp.
research manager Japhet Tantiangco, meanwhile, said the PSEi's dip came as investors took 'a cautious stance while waiting for new positive catalysts, primarily the corporate sector's Q3 corporate results.'He added that trading was 'tepid' with net value turnover at P2.89 billion, below the year-to-date average of P5.20 billion.'Foreigners were net buyers with net inflows amounting to P161.44 million,' Tantiangco continued.Regina Capital Development Corp.