THE stock market fell back to 7,500 territory on Thursday as investors turned cautious ahead of the release of April inflation data and a decline on Wall Street.
The benchmark Philippine Stock Exchange index (PSEi) plunged by 2.60 percent or 200.97 points to finish at 7,535.10 — the lowest in over a year — while the broader All Shares dropped 2.06 percent or 96.60 points to end at 4,602.48.
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