The 30-company Philippine Stock Exchange index climbed 33.62 points, or 0.54 percent, to close at 6,214.68, while the broader all-shares index picked up 14.47 points to settle at 3,356.44.
China Bank Capital managing director Juan Paolo Colet said traders took their cue from the latest US employment report and news the one of China’s largest property developers won a debt payment reprieve from bonds holders. Colet said, however, that investors remained generally cautious ahead of the release of Philippine August inflation report.
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