PSEi jumps 2% as global sentiment improves

MANILA, Philippines – Philippine stocks bounced back sharply on Tuesday as improved global sentiment helped the market recover from the previous session’s sell-off. The Philippine Stock Exchange Index (PSEi) jumped by 2.01 percent or 120.44 points to close at 6,126.66. Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp., said the