Bargain hunting fuels stock market reboundThe Philippine Stock Exchange is located at Bonifacio Global City in Taguig, Metro Manila. MANILA, Philippines — Stocks regained ground yesterday as bargain hunting helped the local bourse recover from two straight days of losses last week. The bellwether Philippine Stock Exchange index (PSEi) climbed by 1.03 percent or 69.87 points to close at 6,850.00. The broader All Shares index likewise finished in the positive territory, rising by 0.62 percent or 23.53 points higher to 3,811.74. Market breadth stayed positive, with advancers edging out decliners, 94 against 91, while 64 issues were unchanged.
Source: Philippine Star November 26, 2024 01:34 UTC