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PH stocks fall on Europe and US losses

Manila, Philippines (dpa) – Philippine stocks plunged 2.74 per cent on Friday dragged down by sharp declines in the United States and Europe following multiple downgrades of European banks. The 30-share composite index of the Philippine Stock Exchange lost 137.60 points to close at 4,879.42, from Thursday’s finish of 5,016.84. var addthis_config = {"data_track_clickback":true,"data_track_addressbar":true,"data_track_textcopy":true,"ui_atversion":"300"}; var...