THE Philippine stock market on Tuesday jumped 2.62 percent after opening weaker in a display of optimism equities experts attributed to the fast, credible and peaceful national elections on Monday.

The benchmark Philippine Stock Exchange Index (PSEi) surged by 2.62 percent or 183.01 points, to close at 7,174.88, while the broader All Shares index likewise registered a gain of 2.62 percent or 109.18 points to end the trading day at 4,272.24.

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