Philippines share prices are expected to continue their upturn next week amid growing optimism about the country's economic prospects for the year, dealers said on Friday.
They said this optimism has been reinforced by the announcement on Thursday that the economy grew 5.5 percent in the second quarter, well within government expectations.
The stock market had been in a slump earlier this week but bounced back on Thursday after the announcement of the promising economic growth figures.
For the trading week ending on September 1, the composite index barely budged, falling by 0.46 points to 2,329.44 points.
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