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Locally, the low interest rate environment and positive corporate developments encouraged buying. By the end of the session, the benchmark Philippine Stock Exchange index rose 2% to a fresh 32-month high of 3,666. All subindices finished in green, with the property, holding firm and mining and oil sectors outperforming the main index. Read more... By Maiki Oreta (www.abs-cbnnews.com) |



Stocks extended their gains on Thursday, breaching the 3,600 mark, thanks to Wall Street's rally overnight.