Local stocks broke out of week-long trading doldrums to advance more than one percent. Equity markets throughout Asia rose Tuesday after US markets reached record highs overnight. Gains in Brent crude prices helped boost energy names, such as GAS (+2.1%) and PVD (+3.4%). MWG (+5.1%) hit a fresh record high after posting strong 10M results yesterday. We reiterated a BUY rating on MWG on Friday with Total Return of +45%.