PSEi rises on firmer peso, Wall Street rebound

MANILA, Philippines – Local stocks rebounded on Thursday as investors snapped up bargains. This pushed the Philippine Stock Exchange Index (PSEi) higher after four straight sessions of decline. The benchmark index climbed 1.08 percent or 68.5 points to close at 6,398.6. It was buoyed by positive spillovers from Wall Street and a stronger peso against