Philippine stocks rebounded Tuesday on last-minute bargain hunting.
The 30-company Philippine Stock Exchange index added 45.07 points, or 0.66 percent, to close at 6,898.17, while the broader all-shares index advanced by 20.34 points, or 0.57 percent, to reach 3,598.55.
Philstocks Financial Inc. research analyst Mikhail Plopenio said the market traded in the red for the most part of the day, but inched up near closing as investors turned into bargain hunters.
“With...
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