00:00 The local stock market in the Philippines closed stronger on the first day of trading
00:04 this week, finishing at 55.91 to a US dollar, gaining 0.19 from the previous week's closing.
00:12 The currency pair traded between 55.73 and 55.93, with the volume of trade declining
00:19 to US$1.15 billion.
00:23 The PSEI increased by 88.76 points, lifting the Bors to 6,078.03.
00:32 All sectoral indices except for industrial ended in positive territory, with holding
00:38 firms recording the biggest gains.
00:40 The strong close was attributed to the strong Philippine manufacturing PMI data and a drop
00:46 in US long-term treasury yields.
00:48 The net market value turnover stood at 3.21 billion pesos.
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