PSEi rallies back to 6,000 mark on US-Iran ceasefire

MANILA, Philippines – Local shares rallied on Wednesday, with the main index reclaiming the 6,000 level, as investors cheered the ceasefire in the Middle East. The Philippine Stock Exchange Index (PSEi) advanced 2.22 percent or 132.04 points, to finish at 6,089.91. Philstocks financial research manager Japhet Tantiahco said sentiment improved on reports of a two-week