RP stocks close near 28-month high

Philippine share prices rose for the third straight trading day, with the Philippine Stock Exchange index (PSEi) advancing by 58.28 points to 3,327.69, its highest close in almost 28 months. The benchmark PSEi last climb to 3,351.66 on Jan. 16, 2008. The broader all shares index rose by 36.03 points to 2,080.54. All sectors were up. More than 1.60 billion shares worth P5.22 billion changed hands. Gainers paced losers 69 to 26, while 70 shares were unchanged. —VS, GMANews.TV