The stock market climbed back to the 8,700 level on Monday with investors said to have been heartened by lower bank reserve requirements and positive 2017 earnings results

The bellwether Philippine Stock Exchange index (PSEi) added 97.78 points or 1.14 percent to close at 8,710.22. The wider All Shares, meanwhile, gained 0.94 percent or 47.60 points to 5,123.20.

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