For the second straight day, the stock market fell on Friday as concerns over escalating trade tensions between the United States and China triggered new selloffs.

The benchmark Philippine Stock Exchange index (PSEi) declined by 0.73 percent or 56.94 points to close at 7,747.09, while the broader All Shares dropped by 0.57 percent or 27.41 points to finish at 4,781.85.

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