Stocks bounce back on improved investor sentimentThe Philippine Stock Exchange index snapped a two-day losing streak, surging by 1.43 percent or 91.07 percent to end at 6,450.03. MANILA, Philippines — The stock market returned to its winning ways yesterday after a brief slump as positive developments abroad buoyed investor sentiment. The Philippine Stock Exchange index snapped a two-day losing streak, surging by 1.43 percent or 91.07 percent to end at 6,450.03. Also finishing in the positive territory was the broader All Shares index, which grew by 0.94 percent to 32.46 points at 3,495.13. However, he said net market value turnover was tepid at P3.56 billion, lower than the year-to-date average of P4.99 billion.
