The stock market closed a few points above the 5,900 area on Friday after investors resorted to profit taking and Wall Street again ended in the red.

The bellwether Philippine Stock Exchange Index (PSEi) declined by 0.58 percent or 34.62 points to finish at 5,908.90 while the wider All Shares shed 0.25 percent or 9.05 points to end at 3,553.58.

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