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MANILA, Philippines – Philippine shares rose for a third straight session on Wednesday, with gains in port operator International Container Terminal Services Inc. (ICTSI) helping offset broader market weakness amid lingering concerns over tensions between the United States and Iran.
The benchmark Philippine Stock Exchange Index (PSEi) climbed 0.68 percent or 40.48 points, to close at 5,953.17.
READ: Trump says Iran talks moving fast despite threat to widen war
The market’s advance was driven largely by ICTSI, the index’s heaviest-weighted stock, which jumped 5.42 percent to P875 per share.
