THE stock market climbed back to the 7,000 level in early trading on Friday as investors were said to have cheered the Bangko Sentral ng Pilipinas’ (BSP) raising of interest rates.

As of noon break, the Philippine Stock Exchange index was up by 1.85 percent or 128.79 points to 7,081.38 while the broader All Shares increased by 1.29 percent or 54.74 points to 4,309.61.

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