MANILA, Philippines (AP) - Philippine shares closed higher Monday as investors picked up major blue chips, led by SM Investments and Bank of the Philippine Islands, after recent declines.
The 30-company Philippine Stock Exchange Index gained 28.07 points, or 1.4 percent, to 1,994.36, extending an advance that started Thursday following a 9.6 percent fall over a two-week period. On Friday, the index rose 3.31 points.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!