The benchmark Philippine Stock Exchange index advanced for a second straight session yesterday, rising by 0.26 percent or 17.3 points to close at 6,705.01.
Also ending in the positive territory was the broader All Shares index, which added 0.23 percent or 8.24 points to settle at 3,602.86.
Philstocks Financial research and engagement officer Mikhail Plopenio said the local market extended its climb as investors cheered the continuous improvement of the peso against the dollar.
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