The stock market fell by over 2 percent in intraday trade on Tuesday but clawed back some of the losses as the day ended, tracking declines on Wall Street and the region.
The benchmark Philippine Stock Exchange index (PSEi), which slumped to as low as 8,838.69 — down 2.43 percent from Monday’s latest all-time high of 9,058.72 — closed 148.14 points or 1.64 percent lower at 8,910.48.
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