The stock market plunged past 8,000 on Wednesday, halting its fall just a few points short of the 7,800 level on continued investor worries over possible interest rate hikes.
The benchmark Philippine Stock Exchange index (PSEi) lost 150.53 points or 1.87 percent to close at 7,909.07, extending a mostly downward run since a record high of 9,058.62 was hit last January 29.
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