PSEi ends 5-day losing streak on bargain hunt

MANILA, Philippines — Local stocks rebounded on Wednesday as investors snapped up bargains, ending a five-day losing streak and pushing the main index past 5,900. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.7 percent or 41.10 points to close at 5,907.89. This was even as the peso slid to a new low against the US