Manila - Philippine share prices rose 2.08 per cent on Thursday on the back of Wall Street's overnight gains despite lower growth forecasts for the domestic economy.
The 30-share composite index of the Philippine Stock Exchange gained 42.17 points to close at 2,064.66 from Wednesday's finish of 2,022.49.
Gainers swamped losers 85 to 24, while 29 issues were unchanged. A total of 2.08 billion shares worth 2.64 billion pesos (55 million dollars) were traded.