PHILIPPINE stocks ended lower on Friday in line with other markets around the globe as jitters over the health of Germany’s largest lender Deutsche Bank AG fueled growing concern for the health of the global financial sector.

The benchmark Philippine Stock Exchange index (PSEi) dropped 1.10 percent or 85.13 points to 7,629.73, while the broader All Shares index fell 0.88 percent or 40.15 points to 4,533.24.

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