The stock market plunged to the 7,200 level on Tuesday as investor sentiment was again rattled by an escalating trade war between the United States and China.
The Philippine Stock Exchange index (PSEi) dropped by 1.72 percent or 127.22 points to close at 7,286.34 while the wider All Shares fell 1.35 percent or 61.29 points to finish at 4,488.71.
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