The PSEi traded as high as 7,005.27 before finishing the morning session at 6,950.35, a gain of 0.88 percent over the previous trading day.
The top traded stock was tycoon Enrique Razon Jr.’s International Container Terminal Services, which made a new 52-week high at P421 per share before finishing at P412.40 by the noontime break.
It was followed by BDO Unibank (+1.77 percent), Ayala Land Inc. (-0.58 percent) and Digiplus Interactive (-.58 percent per share).