Business News Philippines

Philippine Shares Rebound After Glitch

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The Philippine Stock Exchange Index (PSEi) rebounded over 100 points on Thursday as domestic and foreign investors bought up blue-chip stocks a day after a glitch halted trading for a few hours due to an unexplained “technical issue.”

By the closing bell, the PSEi rose 1.59%, or 103.64 points, to 6,602.52. Data shows 461.6 million shares valued at 5.2 billion pesos changed hands, while net foreign buying was 768.3 million pesos.

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