THE stock market fell by nearly one percent on Thursday as investors reacted to a fresh US interest rate hike and a further weakening of the peso.
The benchmark Philippine Stock Exchange index (PSEi) lost 73.44 points or 0.97 percent to close at 7,529.54 while the broader All Shares slipped 0.78 percent or 36.17 points to end at 4,593.18.
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