PSEi recovers on bargain hunting

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

MANILA, Philippines – Local stocks rebounded on Thursday as bargain hunting in blue-chip stocks and easing global oil prices lifted investor sentiment.

The benchmark Philippine Stock Exchange Index (PSEi) climbed 1.33 percent, or 79.69 points, to close at 6,071.06, recovering from the previous session’s decline.

READ: US-Iran deal: When will oil prices fall?

Philstocks Financial Inc. research manager Japhet Tantiangco said investors took advantage of lower share prices, with buying concentrated on International Container Terminal Services Inc. (ICTSI), one of the index’s biggest components.

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

MANILA, Philippines – Local stocks rebounded on Thursday as bargain hunting in blue-chip stocks and easing global oil prices lifted investor sentiment.

The benchmark Philippine Stock Exchange Index (PSEi) climbed 1.33 percent, or 79.69 points, to close at 6,071.06, recovering from the previous session’s decline.

READ: US-Iran deal: When will oil prices fall?

PSEi recovers on bargain hunting

PSEi recovers on bargain hunting

Related reading

PSEi rebounds above 6,000 on bargain hunting

PSEi rebounds on fuel rollback, bargain hunting

PSEi ends 5-day losing streak on bargain hunt

PSEi rebounds on bargain hunting

PSEi edges up as late bargain hunting offsets weak sentiment

PSEi recovers on lower oil prices, calmer geopolitical outlook

Related reading

PSEi rebounds above 6,000 on bargain hunting

PSEi rebounds on fuel rollback, bargain hunting

PSEi ends 5-day losing streak on bargain hunt

PSEi rebounds on bargain hunting

PSEi edges up as late bargain hunting offsets weak sentiment

PSEi recovers on lower oil prices, calmer geopolitical outlook