PSEi rebounds up on bargain hunting, strong earnings

MANILA, Philippines — The local stock market posted modest gains Friday as investors hunted bargains and cheered strong corporate earnings, though caution kept trading subdued. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.20 percent, or 12.40 points, to close at 6,290.35. READ: Branded segment lifted URC Q2 core earnings Philstocks Financial Inc. attributed the advance