Positive global economic sentiment is expected to result in a "global synchronization of economies," which include emerging markets such as
Liboro warned, however, the market is bound to see some profit-taking in the coming days, though general sentiment will remain firm.
"In the following days, the market will still have a positive bias, strong fundamentals with projects rolled out in the country, which could improve the economic climate," he said.
The PSEi edged higher by 0.51 percent, or 32.19 points to 6,345, while the broader all-shares index added 0.37 percent, or 14.14 points to close at 3,832.40.
Indices finished mixed, with industrials up by 1.01 percent, or 97.98 points to 9,752.80, while financials were down 0.55 percent, or 8.54 points at 1,556.68.
Holding firms registered a gain of 11.50 points, or 0.20 percent to 5,767.17, but services lost 9.14 points, or 0.48 percent to 1,883.60.
Mining and oil dipped by 0.06 percent, or 7,78 points to 14,205.01, while property gained 2.55 percent, or 60.45 points to 2,451.73.
Among the most active stocks that registered price losses were
The gainers among the most actively traded stocks included
Advancers outnumbered decliners, 90 to 68, while unchanged issues stood at 44. Value turnover was at
On Wednesday, the PSEi gained 27.05 points, or 0.43 percent to 6,322.60, while the wider allshares added 15.73 points, or 0.41 percent to 3,818.26.
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