PSEi rebounds 2.13% as investors snap up bargains

MANILA, Philippines — Local stocks snapped a three-session losing streak on Tuesday as investors bought battered shares, supported by a recovery in regional markets despite the peso’s slide past P64 against the dollar. The benchmark Philippine Stock Exchange Index (PSEi) climbed 120.01 points, or 2.13 percent, to close at 5,761.19.  READ: Peso closes beyond 64