Persistent worries about further interest rate hikes in the US next year continued to plague Philippine stocks on Thursday, dragging the benchmark PSEi back to the 6,500-point territory.
After plunging to an intraday of 6,564.14, the PSEi closed the session down 1.48 percent or 99.19 points at 6,587.17. The wider All Shares declined by 1.22 percent or 49.94 points to 4,036.50.
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