PHILIPPINE stocks ended Friday higher, surging past 6,800 points, while the local currency retreated back to the P57 per US dollar level following the Bangko Sentral ng Pilipinas' (BSP) decision to cut key rates on Thursday.

The benchmark Philippine Stock Exchange index surged 154.46 points, or 2.31 percent, to close at 6,847.37, and was also up by a solid 200 points week on week.

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