The Philippine bourse sustained its momentum Thursday, advancing by more than 1 percent on the back of strong US jobs data and higher oil prices, as well as a carry-over effect of healthy local corporate earnings results.

The benchmark Philippine Stock Exchange Index (PSEi) gained 1.18 percent or 80.99 points to close at 6, 963.44, while the wider All Shares rose 1 percent or 39.52 points to finish at 4, 008.27.

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