The Philippine stock index staged a huge jump on Monday and settled above the 7,100 territory amid hopes on the improving pandemic situation in the country.

The 30-member Philippine Stock Exchange index (PSEi) soared by 3.14 percent or 217.15 points to 7,124.01, while the wider All Shares improved by 1.97 percent or 85.38 points to end at 4,423.90.

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