THE stock market followed up Wednesday’s over 2-percent surge with a dip on Thursday, tracking a global slump triggered by the US Federal Reserve’s latest interest rate hike.

The bellwether Philippine Stock Exchange index (PSEi) slipped by 0.21 percent or 16.21 points to close at 7,563.41. The broader All Shares went the other way by inching up 0.05 percent or 2.42 points to finish at 4,544.13.

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