The stock market lost nearly a hundred points on Thursday, falling back to the 8,500 level, as investors digested US Federal Reserve minutes that suggested further interest rate hikes.

The benchmark Philippine Stock Exchange index (PSEi) ended the day down at 8,515.57, losing 1.14 percent or 98.08 points, while the broader All Shares dipped 0.14 percent or 6.96 points to 5,115.21.

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