PSEi climbs back to 6,000 on Middle East hopes

MANILA, Philippines — Local stocks bounced back on Wednesday, with the main index retesting the 6,000 mark as investors tracked gains on Wall Street and monitored developments in the Middle East. The Philippine Stock Exchange Index (PSEi) rose 0.84 percent or 50.25 points, to close at 6,063.35. Philstocks financial research manager Japhet Tantiangco said the local