THE Philippine stock market stood strong against global headwinds that continued to plague global markets, with the PSEi cutting its losses at the close of trading after a sell-off in morning trade.

Despite falling by as much as 200 points on concerns of a slowing global growth, the PSEi dropped by only 0.20 percent or 14.40 points to 7,072.46 while the broader All Shares lost 0.17 percent or 6.66 points at 4,037.83.

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