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MANILA (AFP) - Philippine share prices closed 0.12 percent higher Thursday in mixed trade, with support provided by investors buying into key blue-chips such as Philippine Long Distance Telephone, dealers said.

The composite index added 4.21 points at 3,470.77.

The broader all-share index rose 6.30 points to 2,227.42.

There were 55 decliners and 49 advancers, while 67 stocks were unchanged.

A total of 4.38 billion shares worth 5.28 billion pesos (114 million dollars) were traded.

"There was continued profit-taking as investors keep an eye on the US and China markets," DA Market Securities president Nestor Aguila said.

However, dealers said that investors traded cautiously after US stocks fell overnight Wednesday following former US Federal Reserve chairman Alan Greenspan's reported comments that China's stock market could eventually see a sharp decline after its recent record run.

Analysts see that the market support was still intact at the 3,450-point level.

Top-traded Philippine Long Distance Telephone (PLDT) rose 20 pesos to 2,490, tracking the gains in its American Depositary Receipts overnight.

Metropolitan Bank and Trust was down one peso at 67, and Ayala Land fell 25 centavos to 15.50.

San Miguel A shares rose two pesos to 69, while its B shares advanced 3.50 pesos to 78.50.