MANILA, Philippines – The local bourse continued its descent on Monday as investors opted to book profits while waiting for a strong catalyst to jolt life into the market. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) had lost 0.25 percent, or 15.22 points, to end at 6,140.35. Likewise, the broader All Shares Index shed 0.09 percent, or 3.33 points, to close at 3,683.55. READ: Alibaba soars but Asia markets dip A total of 1.15 billion shares worth P4.21 billion changed hands, stock exchange data showed. Foreigners contributed to the bourse’s decline, with outflows totaling P148.55 million. […]... Keep on reading: PSEi continues slide sans new catalysts