PSEi clears 5,800 as bargain hunting lifts stocks

MANILA, Philippines — Local stocks edged higher on Tuesday as bargain hunting pushed the benchmark index above the 5,800 resistance level, while GCash parent Mynt Inc. ended its market debut flat. The Philippine Stock Exchange Index (PSEi) rose 0.14 percent, or 8.27 points, to close at 5,806.17. READ: It’s official: GCash parent Mynt makes PSE debut