THE stock market returned the 8,000 level on Friday — a one-month high — as investors cheered policy decisions by the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

The benchmark Philippine Stock Exchange index (PSEi) rose by 0.74 percent or 58.70 points to finish at 8,013.42. The last time the index settled at the same level was on February 12 when it closed at 8,009.92.

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