THE stock market declined for a second day on Friday as investors sold off on news that the United States has levied higher duties on Chinese imports.

The benchmark Philippine Stock Exchange index (PSEi) slipped by 0.17 percent or 13.42 points to close at 7,742.20. The broader All Shares, meanwhile, dropped by 0.35 percent or 16.59 points to finish at 4,791.26.

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