THE stock market rose further on Friday, joining a global rally, over renewed hopes of a further rate cut from the US central bank.

The benchmark Philippine Stock Exchange index (PSEi) grew by 0.15 percent or 12.02 points to close at 8,270.07, while the wider All Shares inched up by 0.03 percent or 1.73 points to finish at 5,010.71.

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