The stock market notched another record close on Thursday, powering past the 8,400 resistance level as investors took their cues from positive news abroad.
The bellwether Philippine Stock Exchange index (PSEi) gained 0.53 percent or 44.34 points to finish at 8,402.81, while the wider All Shares grew 0.42 percent or 20.40 points to close at 4,928.28.
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