10/06/2011 | 01:56 PM
Philippine share prices snapped a three-day decline as bargain hunters — encouraged by the positive results of US stocks overnight on Wall Street — dominated the session.
The Philippine Stock Exchange index soared 67.39 points or 1.76 percent to close at 3,890.52 while the All Shares index surged 31.83 points or 1.15 percent to 2,791.69.
Gainers outpaced losers 97 to 37 losers, and 38 stocks closed unchanged.
All six sectoral indices advanced, led by Mining & Oil's 3.03-percent climb.
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