THE Philippine Stock Exchange index (PSEi) on Friday settled below the 7,500-level on profit-taking, as investors worry about political uncertainty surrounding the Duterte administration.

The benchmark PSEi lost 1.11 percent or 85.28 points to 7,581.79 at the closing bell, while the All Shares fell by 0.68 percent or 31.19 points to 4,534.34.

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