MANILA, Philippines — Business sentiment improved in June as easing oil prices offered firms some relief, though optimists and pessimists were evenly split.

The business confidence index rose to zero from -25.2 percent in May, according to a survey of 515 firms conducted between June 5 and 30.

READ: Business confidence sank further in April

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A zero reading indicates neutral territory—a sign that business across the country were evenly divided between those expecting conditions to improve and those anticipating further headwinds.FEATURED STORIES