The stock market snapped its three-day winning streak on Friday as news of the Philippine economy plunging into a technical recession in the second quarter finally hit investors.

The benchmark Philippine Stock Exchange index (PSEi) shed 0.96 percent or 56.56 points to close the trading week at 5,846.02, while wider All Shares was down 0.52 percent or 18.08 points to finish at 3,467.53.

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