Philippine shares close 0.70 pct higher

MANILA, Philippines (Xinhua) - Philippine shares closed 0.70 percent higher today.

The benchmark Philippine Stock Exchange index gained 54.39 points to 7782.57. The all-share index went up by 14.49 points, or 0.32 percent, to 4511.23.

Trading volume reached 2.84 billion shares worth P7.59 billion ($171.86 million).

There were 52 gainers, 121 losers while 46 stocks closed flat.