Monday, 26 October 2009

Thursday's finish of 2,720.18

Manila - Philippine share prices soared 5.11 per cent Monday on expectations that the local economy was on the road to recovery from the global financial crisis.

The 30-share composite index of the Philippine Stock Exchange gained 139 points to close at 2,859.18, from Thursday's finish of 2,720.18. The market was closed last Friday due to a public holiday.

A total of 2.44 billion shares worth 4.21 billion pesos (87.71 million dollars) were traded.

Gainers swamped losers 97 to 18, while 46 issues were unchanged.

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