Manila - Philippine share prices rose 2.05 per cent for the second straight day Tuesday on hopes that a US plan to rid banks of toxic assets would put financial markets on the road to recovery.
The Philippine Stock Exchange's 30-share composite index gained 38.60 points to close at 1,917.69, from Monday's finish of 1,879.09.
A total of 2.633 billion shares worth 3.636 billion pesos (75 million dollars) were traded.
Gainers swamped losers 76 to 16, while 47 issues were unchanged.
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