PSEi edges higher on Wall Street cues, bargain hunting

MANILA, Philippines — Local stocks inched up on Wednesday as bargain hunters returned to the market, although overall sentiment remained guarded amid lingering risks. The benchmark Philippine Stock Exchange Index (PSEi) closed at 6,055.45, up 0.49 percent or 29.44 points, extending its modest recovery as investors took cues from overnight gains on Wall Street. Luis Limlingan,