The stock market and the peso plummeted anew on Thursday, succumbing to the volatility that has hammered markets worldwide since the start of the year.
The benchmark Philippine Stock Exchange Index (PSEi) plunged by 2.8 percent, nearly entering the 5,000 level as it lost 175.33 points to end the day at 6,084.28. It was the lowest close since February 10, 2014’s 6,042.25.
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