MANILA, Philippines (AP) - Philippine stocks recovered from a weak opening Friday to close marginally higher on a technical recovery following a string of losses, with bargain hunters focusing on telecommunications stocks, traders said.
The 30-company Philippine Stock Exchange Index finished with a 1.25-point, or 0.1 percent, gain to 1,551.23. Gainers led decliners 50 to 27, while 41 stocks were unchanged.
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