Philippine stocks gained for the second day in a row on carryover momentum from Thursday’s positive reaction to a raft of optimistic economic data.

The benchmark Philippine Stock Exchange Index (PSEi), rose 0.72 percent or 50.56 points to end the day at 7,098.64, while the wider All Shares inched up 0.64 percent or 25.89 points to close at 4,095.76.

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