THE stock market snapped a two-day losing streak on Thursday on account of heavy foreign-fund inflows.

The bellwether Philippine Stock Exchange index recovered by 0.65 percent or 52.36 points to close at 8,098.16 after trading most of the day in the red to even break below the 8,000 level. The broader All Shares grew by 0.30 percent or 14.45 points to finish at 4,904.51.

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