Index continues ascent on strong buying

BILYONARYO.COM

MANILA, Philippines – Share prices continued to climb yesterday as investors cheered the US Federal Reserve?s dovish sentiment, analysts said.

The benchmark Philippine Stock Exchange index (PSEi) rose 95.84 points, or 1.32 percent, to close 7,200 level for the first time since October at 7,306.74, while the broader All Shares index also finished higher by 32.04 points or 0.77 percent to end at 4,1919.07.