Sustained trade fears drag market to 7,770

THE stock market fell for a second day on Tuesday, joining a global decline, as investor sentiment was hurt anew by the trade war between the United States and China.

The bellwether Philippine Stock Exchange index (PSEi) dropped by 1.56 percent or 123.27 points to close at 7,766.75. The wider All Shares declined by 1.19 percent or 57.20 points to finish at 4,763.91.