Investors chose to pocket gains to in closing out the week after racking up gains over the past the four trading days on optimism as the US Federal Reserve decided to keep its rates steady.

The Philippine Stock Exchange index (PSEi) declined by 0.50 percent or 38.75 points to 7,723.60. The wider All Shares decreased by 0.36 percent or 16.34 points to 4,586.71.

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