Philippine stocks rally on Pope visit
Philippine stocks
Manila - XINHUA
The Philippine stock market rallied back to the 7,400 level on Wednesday ahead of the visit of Pope Francis.
The bellwether Philippine Stock Market jumped by 1.24 percent or 91.88 points to 7,490.88, while the broader all-share index rose by 0.87 percent or 37.55 points to 4,376.25.
Trading volume reached 1.85 billion shares worth 13.45 billion pesos (301.53 million U.S. dollars) with 97 stocks advancing, 87 declining, and 47 were unchanged.
Of the six counters, only the mining and oil sectors retreated.
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