After a two-day rally, local equities ended in the red on Friday, weighed down by negative sentiment prevailing on the global markets.

Despite gaining in early trades, the Philippine Stock Exchange index (PSEi) capped the week with a 0.36-percent decline or 25.36 points to 7,003.22, while the All Shares index also went down by 0.31 percent or 12.81 points to 4,150.28.

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