PSEi seen testing 6,450 as bargain hunting lifts sentiment

MANILA, PHilippines – Local stocks may continue to stabilize this week after bargain hunting helped the benchmark index recover from recent lows, although global risk-off sentiment and domestic growth concerns are expected to keep trading cautious. Last week, the Philippine Stock Exchange Index (PSEi) closed at 6,328.97, up 1.7 percent or 105.61 points from the