PSEi recovers on lower oil prices, calmer geopolitical outlook

Local shares snap losses as easing oil prices spark bargain hunting

Local equities rebounded from a previous session of losses as investors seized on beaten-down shares following the fragile de-escalation of geopolitical...

PSEi recovers on lower oil prices, calmer geopolitical outlook

Local stocks rose on Tuesday as easing conflict in the Middle East lowered global oil prices and boosted investor risk appetite.

PSE Index Rebounds, but Market Uncertainty Persists Amid Iran Tensions

The Philippine Stock Exchange (PSE) index closed higher on Tuesday, rising 66.30 points or 1.13% to 5,945.71, as bargain hunting lifted select heavyweight stocks despite lingering market uncertainty.