SHARE prices on the Philippine Stock Exchange (PSE) closed higher on Friday, backed by a benign inflation rate of 3.4 percent in April and a steady outlook on the US economy.
The benchmark PSEi gained 86.24 points, or 1.11 percent, to cross the 7800 line at 7,841.99, a seven-month high. The broader All Shares rose by 0.81 percent or 37.30 points to 4,673.40.
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