Shares up as inflation stays within target

The stock market bounced back as investors welcomed the country's October inflation rate, which remained within the government's target despite a slight uptick.

- RICHMOND MERCURIO

The benchmark Philippine Stock Exchange index climbed by 1.71 percent or 121.84 to end yesterday's session at 7,257.94. The broader All Shares index was also in positive territory, jumping by 1.06 percent or 41.85 points to 3,993.51.