Index returns above 6,700 on strong buying

The buy ng momentum cont nued yesterday, push ng the bellwether nde abo e the , terr tory.

The h l pp ne Stock change nde S rose . percent or . po nts to , . , mark ng ts second stra ght day n the pos t e terr tory. The broader all shares nde mpro ed . percent or . po nts to end at , . .

duardo ranc sco, pres dent of DO ap tal and n estments orp., sa d the market con t nued ts reco ery follow ng se eral days of downtrend.

The S tested the , res stance n ednesday s trades, cons stent w th our e pec tat ons as momentum from the pre ous day s rebound off a four sess on sl de sp lled o er, sa d Just no alaycay Jr., analyst at ccord ap tal qu t es orp.

alaycay sa d all Street s performance pro ded an add t onal boost to the local stock market.

On Tuesday, US stocks benefited from strong first quarter corporate results. The Dow Jones ndustr al a erage added . percent or . po nts to close at , . , wh le the broader Standard oor s nde p cked up . percent or . po nts to , . .

t home, all counters were aga n n the green, led by the property sector that umped . per cent or . po nts to end at , . .

d ancers outplayed decl ners anew, to , wh le stocks d d not change. The alue of shares that changed hands surged to . b l l on from . b ll on on Tuesday.