Chemrez Technologies Inc. (COAT) advanced to the highest in six months in Manila trading after the producer of biofuel said first-quarter profit gained 28 percent.
The stock climbed 1.6 percent to 2.53 pesos as of 10:29 a.m. local time, poised for the highest close since Oct. 8. The benchmark Philippine Stock Exchange Index increased 0.6 percent.
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