Philippine shares extend gains, led by Philex on firmer metal prices - UPDATE
January 2nd, 2008
Filed under: Mineral - Copper, Mineral - Gold, Operator - Philex
MANILA (Thomson Financial) - Philippine shares were firmer midmorning Thursday, extending gains from the previous session, with Philex Mining Corp advancing following overnight gains in prices of gold and copper.
Fund managers sprucing up portfolios as the year draws to a close also chased select blue chips, including heavyweights Philippine Long Distance Telephone Co (nyse: PHI - news - people ) (PLDT) and conglomerate Ayala Corp.
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