"We saw followed through buying [in local stocks], which benefited from the positive view from financial institutions,"
"It's just macroeconomic fundamentals being recognized again," he added.
For today's session, Vistan said that Philippine shares may continue its positive momentum, given that the current momentum hasn't showed any signs of a slowing down.
All the sectoral indices ended in green territory, with industrial having the largest improvement, ending the Thursday session 1.48-percent higher, or 140.28 points to at 9,607.30.
Holdings firms was up 1.16 percent, or 66.07 points to 5,757.23, and financials increased by 0.96 percent, or 14.83 points to 1,562.38.
Property gained 0.73 percent, or 17.40 points to 2,418.44, while services inched up by 0.31 percent, or 5.83 points to 1,898.44. Mining and oil, on the other hand, rose by 0.29 percent, or 40.98 points to 14,282.86.
Total value turnover stood at
Some of the most actively traded stocks on Thursday were
On Wednesday, the PSEi climbed by 1.63 percent, or 100.65 points to 6,294.62, while the broader allshares barometer increased by 1.44 percent, or 54.09 points to 3,768.30.
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