Philippine equities prolonged its recovery trend on Monday after the steepest decline registered in the previous week left appetizing share prices for investors, which caused bargain-hunting to continue on Monday.
The Philippine Stock Exchange index concluded Monday’s session with a 1.56-percent improvement, or 97.15 points higher to close at 6,339.41. The wider all-shares index also improved, rising 1.15 percent, or 44.67 points to 3,942.43.
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