Philippine shares ended higher on Tuesday, the second to the last trading day of the year, with investors positioning their portfolios to a brighter equities market next year.

The Philippine Stock Exchange index (PSEi) went up by 0.66 percent or 47.05 points to 7,186.32, while the wider All Shares index advanced 0.55 percent or 23.19 points to 4,235.52.

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