Philippine shares rise 2.61 per cent
Philippine shares rose 2.61 per cent Tuesday, buoyed by gains on Wall Street and other Asian stock markets, reported dpa.
The Philippine Stock Exchange's 30-share composite index gained 53.86 points to close at 2,116.74.
A total of 1.11 billion shares valued at 1.82 billion pesos (37.91 million dollars) were traded.
Gainers outpaced losers 63 to 28 with 38 issues unchanged.
Analysts predicted the local market would continue to track developments on Wall Street and other stock markets around the world.