The stock market climbed back to 8,000 territory on Tuesday following reports that North Korea was holding off from firing missiles at Guam. The bellwether Philippine Stock Exchange index (PSEi) rose 0.59 percent on Tuesday, adding 47.29 points to settle at 8,009.41. “Reports of less jitters between [North Korea] and the US encouraged investors to return to the market. At the stock market, the mining and oil sector was the sole decliner, losing 0.08 percent. Market volume remained thin at more than 900 million shares valued at P4.7 billion changing hands.

Source: Manila Times August 15, 2017 16:30 UTC