Improved corporate earnings and the continued decline in new coronavirus disease 2019 (Covid-19) cases helped the stock market surpass the 6,400 mark on Friday.

The benchmark Philippine Stock Exchange index (PSEi) jumped by 2.2 percent or 139.43 points to close at its intraday high of 6,484.06 — the highest since its 6,476.24 finish on June 11 — while the wider All Shares rose by 1.88 percent or 71.2 points to finish at 3,859.95.

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