The country’s stock market defied the regional trend Monday, gaining nearly one percent as it tracked the US stock markets rather than its nearby peers, analyst said.

The benchmark Philippine Stock Exchange Index (PSEi) advanced by 0.95 percent or 69.67 points to close the trading day at 7,376,41, while the wider All Shares improved by 0.83 percent or 34.69 points to end at 4,225.76.

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