The stock market gained for a second day on Friday, buoyed by reports that a US Fed rate hike could be delayed.

The benchmark Philippine Stock Exchange Index (PSEi) picked up by 1.69 percent or 112.30 points to close at 6, 765.13, while the wider All Shares likewise strengthened by 1.44 percent or 54.86 points to finish at 3, 868.61.

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