SUMMARY
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Stocks surged to a new all-time high past the 6,400 level on Monday, February 4, following a Wall Street rally, and on expectations of strong local corporate income results. The Philippine Stock Exchange index settled at 6,435.98, up 117.37 points or 1.86% from the previous record close of 6,318.61 on Friday, February 1. It also hit an intraday peak of 6,449.44.
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