Philippine stocks rebound on bargain-hunting

MANILA, Philippines — Philippine stocks bounced back on Thursday as investors scooped up bargains while monitoring developments overseas that could affect the local economy. The benchmark Philippine Stock Exchange Index (PSEi) rose 1.15 percent or 72.69 points, to close at 6,380.53. Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp., said the