PSEi climbs back to 6,000, peso appreciates on hopes for US-Iran deal

0508ej5Friday, May 08, 2026By Emmanuel John B. Abris@abris_ej Local stocks climbed on Thursday as hopes of a possible agreement between the United States and Iran lifted investor sentiment despite weak Philippine economic data. The benchmark Philippine Stock Exchange Index (PSEi) rose 1.12 percent or 67.06 points, to close at 6,034.27, extending its recent gains. READ: