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MANILA, Philippines – Local stocks closed higher on Monday as easing concerns over United States-Iran conflict helped lift market sentiment. The benchmark Philippine Stock Exchange Index (PSEi) climbed 108.52 points or 1.86 percent, to finish at 5,942.16. READ: psei-seen-testing-5800-support Philstocks financial research manager Japhet Tantiangco said the broader market traded in positive territory following reports