PSEi nears 6,500, buoyed by stronger peso, foreign buying

MANILA, Philippines — Local stocks extended their climb on Wednesday, with the benchmark Philippine Stock Exchange Index (PSEi) rising for another session as investors drew support from a stronger peso and upbeat bank lending data. The local stock barometer gained 0.37 percent, or 24.22 points, to close at 6,498.82. Ron Acoba, chief investment strategist at Trading