PSEi climbs back to 6,000 on hopes for US-Iran deal

MANILA, Philippines — Local stocks rebounded on Wednesday, with the benchmark index returning to the 6,000 level amid hopes of easing geopolitical conflict. The Philippine Stock Exchange Index (PSEi) climbed 1.82 percent or 107.97 points, to close at 6,044.17. Philstocks financial research manager Japhet Tantiangco said the rally came as investors cheered prospects of a possible