PSEi rises on hopes of emergency oil supply boost

MANILA, Philippines — Local stocks inched higher on Wednesday as investors bet that global policymakers could step in to stabilize oil supply disrupted by tensions in the Middle East. The benchmark Philippine Stock Exchange Index (PSEi) climbed 0.52 percent or 31.67 points, to close at 6,158.33. Luis Limlingan, head of sales at stock brokerage house Regina