Philippine stocks ended higher for a third consecutive day on Wednesday, with the Philippine Stock Exchange index (PSEi) rising by 0.68% or 40.48 points to close at 5,953.17, according to BusinessWorld .
The broader all shares index also climbed, up by 0.22% or 7.44 points. The sustained buying was supported by bargain hunting and an improved appetite for risk assets, traders said.
The three-day rally reflects growing optimism among investors, though market participants continue to monitor global economic signals and corporate earnings for further direction.