PSEi climbs on softer BSP outlook

MANILA, Philippines —Local stocks rebounded Tuesday as investors stayed optimistic that the Bangko Sentral ng Pilipinas (BSP) would temper policy tightening amid fresh growth data. The benchmark Philippine Stock Exchange Index (PSEi) gained 0.60 percent, or 37.68 points, to close at 6,326.89. READ: Anemic GDP seen to temper rate hikes Brokerage Philstocks Financial Inc. said